According to the box study "Does Micro Credit Reduce Poverty?," what was the effect of opening micro credit branches in randomly selected slum neighborhoods as compared to slums without these additional branches?
A) Slums with access to more mirco credit experienced a reduction in poverty within 18 months.
B) Slums with access to Spandana loans opened 1.7% more businesses than those without access.
C) There was a significant increase in total consumption expenditures between treatment and control areas.
D) Spandana branches had an influx of borrowers, averaging a total of 70 percent of households taking out loans.

Question

Quizplus · Accepted Answer

The study found that slums with access to Spandana loans opened 1.7% more businesses than those without access, indicating a modest impact on business creation.

According to the Box Study "Does Micro Credit Reduce Poverty