Measuring the impact of an ongoing microcredit project : evidence from a study in Ghana

This article uses a mixed method approach to assess the impact of a microfinance organisation in Ghana. By combining propensity score matching with a double-difference method, the authors determine that microcredit has a positive effect on expenditures but does not positively affect a series of other outcome variables. A list experiment further suggests that microcredit loan proceeds often are not spent productively.