Savings Constraints and Microenterprise Development: Evidence from a Field Experiment in Kenya

For helpful discussions and suggestions, we are grateful to Orazio Attanasio, Jean-Marie Baland, Leo Feler, Fred Finan, Sarah Green, Seema Jayachandran, Dean Karlan, Ethan Ligon, Craig McIntosh, David McKenzie, John Strauss, Dean Yang, Chris Woodruff, two anonymous referees, and participants at numerous seminars and conferences. We thank Jack Adika and Anthony Oure for their dedication and care in supervising the data collection, and Nathaniel Wamkoya for outstanding data entry. We thank Eva Kaplan, Katherine Conn, Sefira Fialkoff, and Willa Friedman for excellent field research assistance, and thank Innovations for Poverty Action for administrative support. We are grateful to Aleke Dondo of the K-Rep Development Agency for hosting this project in Kenya, and to Gerald Abele for his help in the early stages of the project. Dupas gratefully acknowledges the support of a Rockefeller Center faculty research grant from Dartmouth College and Robinson gratefully acknowledges the support of an NSF dissertation improvement grant (SES-551273), a dissertation grant from the Federal Reserve Bank of Boston, and support from the Princeton University Industrial Relations Section. We also gratefully acknowledge the support of the World Bank. All errors are our own. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

• January 27, 2009
• December 5, 2011