Publication

This study presents evidence from a randomized field experiment that was conducted in Bhopal, India. It investigates the effect of a financial literacy training program on financial literacy levels of microfinance clients. This study finds a significant positive effect on financial literacy levels due to the training. In addition, it tests whether trainer gender influences the impact of the training. It does so by looking at learning outcomes and learning prescriptions. For this respectively no and little significant causality is found. The sample for the experiment was drawn from a local microfinance organization that caters to woman in the state of Madhya Pradesh.