Appendix Table of Contents
Appendix Figure A1 Histogram of Distance to Bank Branches
Appendix Figure A2 The Log of Personal Income Separately for Women and Men
Appendix Table A1 Survey Waves
Appendix Table A2 Determinants of Attrition
Appendix Table A3 Subgroup Balance
Appendix Table A4 Parallel Trends
Appendix Table A5 Takeup
Appendix Table A6 Randomization Inference
Appendix Table A7 Randomization Inference, Table 4
Appendix Table A8 Savings Impacts by Subgroups
Appendix Table A9 Distance Interactions
Appendix Table A10 Numeracy Interactions
Appendix Table A11 Education Interactions
Appendix Table A12 Household Size Interactions
Appendix Table A13 Number of Household Members of Working Age Interactions
Appendix Table A14 Share of Household Members of Working Age Interactions
Appendix Table A15 Impact by Tercile of Personal Income of Respondent
Appendix Table A16 Seetu Saturation Experiment Balance Tests
Appendix Table B1 Savings Impacts: Winsorized at 95%
Appendix Table B2 Savings Impacts with No Winsorizing
Appendix Table B3 Aggregate Headwaters Winsorized at 95%
Appendix Table B4 Aggregate Headwaters with No Winsorizing
Appendix Table B5 Respondent earnings details Winsorized at 95%
Appendix Table B6 Respondent earnings details, Unwinsorized
Appendix Table B7 Respondent earnings, Time-varing, Winsorized at 95%
Appendix Table B8 Respondent earnings, Time-varing, not Winsorized
Appendix Table B9 Aggregate Headwaters by Subsample, Winsorized at 95%
Appendix Table B10 Aggregate Headwaters by Subsample, not Winsorized

1

0

.1

Density.2.3

Density of Distances to Bank Branches

0

5
10
15
Distance to NSB Bank Branch, in kilometers

20

Distances calculated travelling along shortest road connection.

Appendix Figure A1 Histogram of Distances to Bank Branches

2

0

.2

Density.4.6

Within-Gender Imbalances, Pretreatment rounds 1-5

6

8
10
Ln(Monthly Personal Income)Female Treatment
Male Treatment

12

Female Control
Male Control

Appendix Figure A2: The Log of Personal Income Separately for Women and Men

3

Appendix Table A1 Survey Waves

Round
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

Treatment
Month

Month
August, 2010
September, 2010
October, 2010
November, 2010
December, 2010
January, 2011
February, 2011
March, 2011
April, 2011
May, 2011
June, 2011
July, 2011
August, 2011
September, 2011
October, 2011
November, 2011
December, 2011
January, 2012

Survey Waves
Baseline Survey
Full Wave
Full Wave
Full Wave
Monthly Only
Monthly Only
Full Wave
Monthly Only
Monthly Only
Full Wave
Monthly Only
Monthly Only
Full Wave
Monthly Only
Monthly Only
Full Wave
Full Wave
Full Wave

19

July, 2012

Full Wave

20

January, 2013

Full Wave

1
2
3
4
5
6
7
8
9
10
11
12
13

Weekly to Weekly
Control to Control to Weekly Biweekly Home toPure
Weekly Biweekly Home
Home
WeeklyControlBox
Box
visitsvisitsBox
52 zones, 13 zones, 13 zones, 40 zones, 19 zones, 19 zones,
256 hhs
89 hhs61 hhs
197 hhs
85 hhs107 hhs

Yellow boxes indicate survey waves used in the study of Weekly Home VisitsBlue boxes indicate Treatment with Weekly Home visits, as well as inclusion in the study of Weekly Home Visits
Gray boxes indicates samples not used in the main analysis because of the introduction of alternate treatments.

4Appendix Table A2 Determinants of Attrition

Appendix Table A2: Determinants of Attrition.
Baseline Characteristics:
Attrited from Panel analysis
Attrited from Survey
Treated-0.0094-0.010-0.019-0.018(0.014)(0.015)(0.014)(0.014)
Female-0.0095
0.0055(0.0091)(0.014)Years of Education
0.00120.0021(0.0018)(0.0019)
Score on digitspan test
0.000770.0049(0.0044)(0.0048)
Beta (Time inconsistency parameter)-0.013-0.0099(0.024)(0.044)
Delta (Discounting parameter)-0.0055-0.19**(0.033)(0.080)Self Employed-0.017*-0.0056(0.0094)(0.0093)
Self Employed in Agriculture-0.020-0.015(0.015)(0.014)
Household Consumption (000,000 Rs.)
0.0085-0.0100(0.016)(0.021)# of Seetus participating in-0.0052*-0.0066(0.0031)(0.0045)
Bank savings (000,000 Rs.)
-0.051-0.036(0.035)(0.035)Constant
0.020
0.054
0.034***
0.21**(0.013)(0.057)(0.012)(0.10)
Observations
795
795
795
795
R-squared
0.00150.013
0.00370.027
Mean of Dependent Variable
0.015
0.025
Notes: This table reports on the predictors of attrition from the longitudinal surveys. These regressions use
pretreatment data (rounds 1-5) to explain subsequent attrition from the household survey. Standard errors
clustered at the zone level (treatment unit) are reported in parentheses. * significant at 10%; ** significant at
5%; *** significant at 1%

5

Appendix Table A3 Subgroup Balance
SE, SOME MANUF
SE, NO MANUF
NO SETreatmentTreatmentTreatmentcontrol
control
control
Mean in
Mean in
Mean in
Mean in
Mean in
Mean incontrol
treatment differential N
control
treatment differential N
control
treatment differential N
Baseline Variable:
Number of transactions with a formal financial institution during previous month
0.56
0.44
-0.067
936
0.34
0.41
0.069
575
0.42
0.40
-0.0121307
Female0.44
0.42-0.018
936
0.44
0.50
0.061
575
0.62
0.64
0.028
1307
Discount Factor (delta)
0.93
0.93
0.0026
936
0.94
0.95
0.0076
575
0.91
0.92
0.012
1307
Time Consistency Factor (beta)
0.95
0.97
0.019
936
0.95
0.99
0.037**
575
0.98
1.00
0.015
1307
Total number of seetus in which respondent participated in previous month
1.33
1.10
-0.24
936
1.14
1.02
-0.12
575
1.20
1.28
0.088
1307
Total payouts from seetus in previous month
1,088
987
-99.1
936
771
652
-115.6
575
1,071
936
-131.71307
Number of transactions with a financial institution other than NSB over previous month
0.56
0.44
-0.070
936
0.34
0.39
0.047
575
0.41
0.40
-0.0089
1307
Total amount saved through ROSCAs over previous month
1,696
1,057
-409.6*
936
1,345
1,689
344.4
575
1,552
1,452
-100.1
1307
Total amount withdrawn from ROSCAs over previous month
1,340
1,041
-305.8936
906
785-116.6
575
1,212
1,259
49.9
1307
Total amount put into informal savings over previous month
4,089
2,709
-847.0*
936
2,592
2,897
305.9
575
2,683
2,509
-175.81307
Total amount withdrawn from informal savings over previous month
2,121
2,129
-319.0
936
1,539
1,601
70.6
575
2,108
1,883
-223.71307
Total change in household cash balance over previous month
1,315
1,015
-1113.5
936
-61
-683
-622.9575
791
372-418.1
1307
Total amount received in loans over previous month
6,330
7,783
384.1
936
1,615
2,030
406.7
575
2,965
2,423
-543.01307
Aggregate income over previous month
26,52722,319-2701.4
936
21,292
23,9992721.8575
22,16821,393-774.21307
Aggregate consumption over previous month
20,59018,921-1536.9936
18,16019,109960.6
575
18,23817,184-1055.8
1307
Earned household income over previous month
25,911
21,427-3040.4*936
21,43623,7242302.9575
21,19919,855-1341.7
1307
Total household income over previous month
33,19829,188-4072.2936
26,90529,3602451.5575
29,44327,786-1652.01307
Personal income taken from informal savings over previous month
17,227
16,018-1162.8936
13,30913,301-13.4
575
11,2078,797-2403.1*
1307
Transfer from spouse over previous month
3,076
2,394
-402.2
936
2,895
2,956
58.9
575
4,804
5,856
1051.01307
Transfer from outside the household over previous month
4,380
4,327
-266.1
936
2,649
3,111
470.7
575
3,734
3,485
-245.41307
Total personal income over previous month
24,68322,739-1994.4936
19,09019,598512.8
575
20,40618,986-1408.8
1307
Transfers to spouse over previous month
2,355
2,992
498.5
936
2,171
1,640
-525.9
575
1,679
1,945
266.9
1307
Transfers to children over previous month373.38266.20-35.9
936224.90246.0621.6
575
263.75263.81-0.29
1307Transfers to anyone over previous month
3,486
3,806
188.1
936
3,200
2,776
-417.7
575
2,870
2,896
25.5
1307
Monthly savings into banks
874
1,092
-192.3936
377
707
327.7*
575
1,019
721
-298.01307
Month savings in cash
3,647
2,672
-290.5
936
2,378
2,077
-303.6
575
2,173
1,995
-172.21307
Monthly savings through ROSCAs
1,734
1,147
-392.9*
936
1,336
1,723
387.9
575
1,552
1,485
-68.0
1307
Monthly savings through other means
499.20746.1029.7
936441.48399.23-42.0
575
429.58354.99-74.6
1307
Total Monthly savings over previous month
6,754
5,657
-1280.2*
936
4,737
5,369
627.5
575
5,622
4,889
-728.71307
Respondent reports being self-employed in non-ag enterprise during previous month
0.95
0.93
-0.022
936
1.00
0.99
-0.0026
575
0.00
0.00
0.00020
1307
Wage hours worked
2.63
4.61
2.01
936
1.69
1.00
-0.69
575
10.09
8.92
-1.18
1307
SE hours worked
42.56
39.82
-2.65
936
53.78
55.47
1.66
575
0.00
0.00
0
1307
Total asset purchases over previous month
1,114
4,317
109.7
885
724
354
-368.9572
0002Total value of business inventory
34,811
31,214-2295.5882
41,16656,42515247.0572
0002
Total business expenses over previous month
21,09020,7671000.2885
23,95627,2733306.9572
0002Total business sales over previous month
32,521
29,590-1082.5885
35,35340,2524864.1572
000
2Total business income over previous month
10,70010,037-299.8885
11,572
12,212
638.9
572
0
0
0
2
Notes: This table checks balance within employment type subgroups.. These regressions use pretreatment data (rounds 1-5). Standard errors clustered at the zone level (treatment unit) are reported in parentheses. * significant at 10%; ** significant at
5%; *** significant at 1%

Appendix Table A4 Parallel Trends
Appendix Table A4: Parallel Trends.
Treatment * Round

Treatment Dummy

N
R^2
Baseline Variable:
Coeff
SE
Coeff
SE
Number of transactions with a formal financial institution during previous month
0.042(0.030)-0.15(0.12)
2818
0.0091
Female0.0046(0.0060)
0.00096(0.045)2818
0.00043
Discount Factor (delta)-0.00070(0.0016)0.011(0.011)2818
0.0019Time Consistency Factor (beta)
0.0018(0.0018)0.014(0.012)2818
0.0064
Total number of seetus in which respondent participated in previous month-0.0017(0.032)-0.064(0.14)
2818
0.00076
Total payouts from seetus in previous month-11.9(153.4)-87.5(554.1)2818
0.0012
Number of transactions with a financial institution other than NSB over previous month
0.042(0.029)-0.16(0.11)
2818
0.0091
Total amount saved through ROSCAs over previous month-3.62(51.6)-91.8(287.1)2818
0.0010Total amount withdrawn from ROSCAs over previous month
22.5(161.3)-190.4(588.6)2818
0.00096
Total amount put into informal savings over previous month-16.6(160.1)-233.9(668.6)2818
0.0015
Total amount withdrawn from informal savings over previous month
89.0(224.3)-504.7(868.5)2818
0.0029Total change in household cash balance over previous month
62.9(333.5)-923.2(1163.6)2818
0.0020Total amount received in loans over previous month
395.1(329.4)-1433.0(1153.2)2818
0.0013Aggregate income over previous month-473.1(601.6)925.6(2272.9)2818
0.0036Aggregate consumption over previous month-1180.5*(659.0)3181.2(2432.4)2818
0.0017
Earned household income over previous month-117.3(547.7)-689.2(2128.6)2818
0.0020Total household income over previous month-966.9(829.2)1605.6(3096.3)2818
0.0020
Personal income taken from informal savings over previous month-506.0(511.4)241.7(1845.9)2818
0.0033
Transfer from spouse over previous month-72.4(191.5)566.1(764.1)2818
0.0017
Transfer from outside the household over previous month-159.7(363.0)384.3(1313.0)2818
0.00088
Total personal income over previous month-800.7(710.8)1412.0(2714.1)2818
0.0021
Transfers to spouse over previous month
60.6(151.4)-35.5(523.6)2818
0.0010Transfers to children over previous month-28.9(25.3)
88.6(94.1)
2818
0.0053
Transfers to anyone over previous month
49.4(181.1)-185.0(631.8)2818
0.0020Monthly savings into banks
41.2(112.0)-279.7(375.5)2818
0.0019Month savings in cash-180.2(203.8)356.8(689.3)2818
0.0041Monthly savings through ROSCAs-6.23(54.9)-54.6(301.6)2818
0.00068
Monthly savings through other means-51.8(50.0)
142.7(179.6)2818
0.0019Total Monthly savings over previous month-295.0(326.5)340.5(1187.3)2818
0.0035
Respondent reports being self-employed in non-ag enterprise during previous month-0.016*(0.0096)0.072(0.054)2818
0.00076
Wage hours worked
0.55(0.37)-2.16(1.47)
2818
0.0023
SE hours worked-0.50(0.64)
2.90(3.22)
2818
0.00082
Total asset purchases over previous month
38.6(99.7)-203.7(411.6)1459
0.0030Total value of business inventory2789.5(2562.6)-3152.0(12394.5)1456
0.0021
Total business expenses over previous month-866.3(1545.9)5389.6(5917.1)
1459
0.0026
Total business sales over previous month
321.3(1686.6)935.6(6260.2)1459
0.0022
Total business income over previous month-290.9(384.1)1209.1(1622.4)1459
0.00046
Notes: This table checks for parallel trends during the pre-treatment period. Regressions include the 2815 observations from the pretreatment rounds 2-5 (treatment began in round6). Fixed effects for month are included, and outcomes are Winsorized at the 99th percentile. Standard errors clustered at the zone level (treatment unit) are reported in parentheses. *significant at 10%; ** significant at 5%; *** significant at 1%

7

Appendix Table A5 Takeup

Table A5: Determinants of Uptake and Product Usage.
Log of Monthly Log of Monthly
Deposits
Withdrawals(if any)(if any)Log of Final
Balance(if any)

Made Any
Deposit

Made Any
Withdrawal

Total Numberof Transactions

0.058*(0.032)-0.054(0.059)1.56(1.62)-0.18(0.21)-0.096(0.26)

0.29(0.20)

Years of Education-0.00095(0.0049)

0.011(0.0081)0.15(0.19)

0.054*(0.029)0.084**(0.041)0.0019(0.031)

Self Employed

0.060(0.039)-0.021(0.061)1.64(1.72)

0.30(0.24)

0.15(0.35)

0.50**(0.24)

Employed in Agriculture

0.0070(0.043)-0.036(0.062)-0.35(1.67)-0.063(0.25)

0.040(0.35)

0.10(0.22)

Household Expenditure (000,000 Rs.)

-0.75***(0.17)-0.67**(0.26)-15.9***(4.80)

0.47(2.24)

18.9**(8.95)-2.88**(1.40)

Beta (Time inconsistency parameter)

0.11(0.12)

0.050(0.22)

0.58(5.13)-0.16(0.77)-0.18(1.19)

0.20(0.77)

Delta (Discounting parameter)-0.024(0.19)-0.22(0.32)

2.83(6.94)-0.046(1.08)

0.56(1.60)-0.31(1.29)

Score on digitspan test

-0.030**(0.014)0.015(0.020)0.13(0.58)

0.023(0.083)-0.050(0.100)-0.084(0.078)

Participates in Seetu-0.036(0.034)0.087**(0.039)-0.013(0.059)0.024(0.057)-2.51(1.59)
1.19(1.56)-0.28(0.21)
0.17(0.22)

0.23(0.27)-0.035(0.24)-0.69***(0.20)
0.41*(0.21)

Formal Savings Balance (000,000 Rs.)

-0.067(0.59)-0.44(0.94)

2.61(22.3)

5.90(4.94)

11.0(6.96)

4.89(4.50)

Observations
Mean of Dep Var in sample
R-squared

389
0.89
0.065

389
0.39
0.023

389
13.7
0.022

347
8.02
0.053

150
9.04
0.13

331
7.31
0.090

Baseline Characteristics:
FemaleHas a formal accountNotes: This table examines predictors of deposit collection services take-up. Outcomes are monthly totals at the individual level. Regression isrun at the individual level, using pretreatment averages of covariates (data for rounds 2-5) to explain subsequent uptake and usage of the
product in rounds 6-18. Robust standard errors are reported in parentheses. * significant at 10%; ** significant at 5%; *** significant at 1%

8

Appendix Table A6: Savings Impacts Examined With Randomization Inference
NSB Institutional Data
# of
Program
Program
Total # of
Program
Deposits Deposits
Trans-actions
Transactions
Withdrawals
Panel A: Pooled
(1)
(2)
(3)
(4)
Treated1.73***
1143.5***424.9***
1.57***
CGM clustered p-values
0.000
0.000
0.000
0.000
Randomization Inference p-values
0.000
0.000
0.000
0.000
Observations
9172
9172
9172
9172
R-squared
0.680
0.280
0.090
0.580
Number of HHs
783
783
783
783
Panel B: By Period
Treated: months 1-4

Survey Data
InformalBank
and Cash
Savings
Savings(5)(6)
689.6***
42.200
0.001
0.900
0.000
0.920
9172
9172
0.250
0.320
783
783

Total Savings(7)883.0**
0.019
0.034
9172
0.330
783

1.74***
1112.3***660.2***
1.52***
660.6***
217.100
964.3**
0.000
0.000
0.000
0.000
0.003
0.530
0.024
0.000
0.000
0.000
0.000
0.000
0.690
0.042
Treated: months 5-8
1.74***
1060.8***269.6**
1.65***
616.4***-184.2634.8
CGM clustered p-values
0.000
0.000
0.016
0.000
0.007
0.700
0.200
Randomization Inference p-values
0.000
0.000
0.002
0.000
0.018
0.448
0.424
Treated: months 9-13
1.69***
1283.2***279.2*
1.55***
818.5***
35.9
1036.8**
CGM clustered p-values
0.000
0.000
0.081
0.000
0.003
0.930
0.027
Randomization Inference p-values
0.000
0.000
0.000
0.000
0.000
0.952
0.034
6 months post-treatment
0.42***
247.8**-527.8***0.32***
436
80.5
926.2*
CGM clustered p-values
0.000
0.048
0.001
0.003
0.140
0.870
0.085
Randomization Inference p-values
0.000
0.032
0.004
0.006
0.110
0.856
0.270
12 months post-treatment
0.36***
806.7***-386.3*0.19**
10.9-204-220.4
CGM clustered p-values
0.000
0.000
0.063
0.050
0.960
0.620
0.650
Randomization Inference p-values
0.000
0.000
0.218
0.212
0.930
0.540
0.542
Control group mean
0.006
1.843
0.929
0.506
761.6434350.597
5266.151
10055
10055
10055
10055
10055
10055
10055
Observations
0.53
0.28
0.11
0.57
0.24
0.3
0.31
R-squared
Number of HHs
783
783
783
783
783
783
783
Notes: This table reports on the effect of treatment on savings outcomes. Panel A reports results pooling across survey rounds 2 - 18. Panel B reports effects separately for thefive indicated sets of survey rounds separately. Each column within a panel reports results of separate regressions using individual- and month-level fixed effects. P-values from
regressions run with standard errors clustered at the zone (treatment unit) and round level using the method of Cameron, Gelbach, and Miller (2011) are reported as well as
Randomization Inference p-values. The unit of observation is the individual/month and the reported coefficients correspond to dummy variables equal to one for individuals
offered weekly home visits from National Savings Bank deposit collectors in the months indicated. Columns (1)-(3) use institutional data from NSB to calculate cumulative
monthly totals, including zeros for individuals without bank accounts. Columns (4)-(7) use survey data; (4) gives the cumulative number of financial transactions with any
institution over the course of the month, while (5)-(7) give the total amount saved by the individual survey respondent over the previous month in each type of savings.
Outcomes are Winsorized at the 99% level. Data include four months of pre-treatment data, 13 treated months, and two waves conducted 6 and 12 months after monthly home
visits ended; the treatment changed at this point from door-to-door collection to collection from a lock box placed in the cluster of houses (see section 2.2 for details). Panel A
includes data through the end of weekly home visits (17 waves). Panel B includes the two post-treatment surveys (19 waves). Regressions pool samples surveyed monthly andsamples surveyed quarterly. * significant at 10%; ** significant at 5%; *** significant at 1%

CGM clustered p-values
Randomization Inference p-values

Table A7: Randomization Inference version of Table 4: Estimated Impacts of Deposit Collection on Earnings Outcomes
Panel A

Full Sample ( N=783)

Dependent Variable:
Treated months 1-13
CGM clustered p-values
Randomization Inference p-values
Control group mean
Observations
R-squared(1)
Y/N: Wage
Employment?
0.020
0.21
0.16

(2)
Y/N: Ag
employment?
-0.0000048
1.00
0.976

(3)
Y/N: Selfemployment?
-0.034*
0.051
0.064

0.16
9172
0.86

0.59
9172
0.92

0.53
9172
0.92

(4)

(6)
Business
income
573.5
0.22
0.278

(7)

(8)

Wages earned
314.9
0.14
0.044

(5)
Ag incomeearned
-15.4
0.98
0.882

Wage hours
1.52**
0.031
0.018

SE hours
-0.23
0.82
0.838

1,263.899172
0.76

2,566.01
9172
0.21

5,834.98
9172
0.68

6.00
9172
0.83

24.84
9172
0.85

Notes: This table reports on the effect of treatment on earnings outcomes. Panel A reports results pooling across survey rounds 2 - 18. Each column within a panel reports
results of separate regressions using individual- and month-level fixed effects. P-values from regressions run with standard errors clustered at the zone (treatment unit) andround level using the method of Cameron, Gelbach, and Miller (2011) are reported as well as Randomization Inference p-values. The unit of observation is theindividual/month and the reported coefficients correspond to dummy variables equal to one for individuals offered weekly home visits from National Savings Bank deposit
collectors in the months indicated. Outcomes are Winsorized at the 99% level. Data include four months of pre-treatment data, 13 treated months, and two waves conducted 6
and 12 months after monthly home visits ended; the treatment changed at this point from door-to-door collection to collection from a lock box placed in the cluster of houses(see section 2.2 for details). Regressions pool samples surveyed monthly and samples surveyed quarterly. * significant at 10%; ** significant at 5%; *** significant at 1%

Table A8: Estimated Impacts of Deposit Collections on Savings Outcomes
NSB Institutional Data
Program# of Program
Program
Total # of
Deposits Transactions
Deposits
Trans-actions
Withdrawals
Panel A: Whole Sample
(1)
(2)
(3)
(4)
Treated1.73***
1143.5***424.9***
1.57***(0.13)(158.9)(95.1)(0.15)
Observations
R-squared

9172
0.68

9172
0.28

9172
0.090

9172
0.58

Survey Data
InformalBank
and Cash
Savings
Savings

Total Savings(5)
689.6***(198.6)(6)
42.2(322.0)(7)883.0**(376.7)

9172
0.25

9172
0.32

9172
0.33

Panel B: Some self-employment and some manufacturing during baseline (N=259)
Treated1.90***(0.16)

1321.4***(301.4)541.2***(161.4)

1.77***(0.22)

1005.6***(305.2)575.4(481.3)1901.3***(559.3)Observations
R-squared

3085
0.71

3085
0.30

3085
0.13

3085
0.59

3085
0.18

3085
0.37

3085
0.35

Panel C: Some self-employment but no manufacturing during baseline (N=160)
Treated1.94***
1497.7***474.3***
1.73***
318.5(0.18)(307.4)(167.5)(0.20)(369.0)-469.4(494.9)-148.6(722.2)

Observations
R-squared

1821
0.70

1821
0.59

1821
0.31

1821
0.36

1821
0.36

Panel D: No self-employment during baseline (N=364)
Treated1.50***
848.6***
327.7**(0.15)(193.5)(127.8)

1.37***(0.14)

593.7*(312.7)-110.6(628.7)582.5(838.3)Observations
R-squared

4266
0.57

4266
0.27

4266
0.26

4266
0.30

4266
0.65

1821
0.27

4266
0.28

1821
0.066

4266
0.088

Notes: This table reports on the effect of treatment on savings outcomes by employment subgroup. Regressions pool samples
surveyed monthly and samples surveyed quarterly Regressions include individual and wave fixed effects. Standard errors clusteredat the zone (treatment unit) and individual level using the method of Cameron, Gelbach, and Miller (2011) are reported inparentheses. * significant at 10%; ** significant at 5%; *** significant at 1%

Table A9: Heterogeneity by Distance to Bank Branch
Total Household
IncomeWage
Employment

Self EmployedBusiness
Income

(1)

(2)

(3)

(4)

SurveyConsumption of Experiment 'Sin'
Consumption'Sin' Goods
Good
Consumption

Bank Savings

Non-Bank
Savings

Total Savings

(8)

(9)

(10)

VARIABLES
(5)

(6)

(7)

Distance * Treated-0.097-0.00000023
0.0000016
0.15
-0.19
0.00320.000017
0.020-0.054-0.030(0.41)(0.0000027)(0.0000048)(0.12)(0.27)(0.0098)(0.000014)(0.056)(0.080)(0.10)
Treated (at mean of Education)
3264.3**0.020-0.035**
412.6
992.1
1.84
-0.0047682.0***
44.6
878.4**(1271.3)(0.016)(0.017)(442.5)(968.6)(48.5)(0.045)(198.8)(324.9)(384.8)Observations
9125
9125
9125
9125
9125
9125
1973
9125
9125
9125
R-squared
0.36
0.86
0.92
0.70
0.29
0.53
0.44
0.25
0.32
0.32
Notes: This table checks for treatment heterogeneity by distance between respondents and the bank. Data are winsorized at the 99th percentile. Regressions include individual and survey wave fixed effects. Standard
errors clustered at the zone (treatment unit) and round level using the method of Cameron, Gelbach, and Miller (2011) are reported in parentheses. * significant at 10%; ** significant at 5%; *** significant at 1%
Heterogeneity by Time to Bank Branch
Total Household
IncomeWage
Employment

Self EmployedBusiness
Income

(1)

(2)

(3)

(4)

VARIABLES

Distance * TreatedSurveyConsumption of Experiment 'Sin'
Consumption'Sin' Goods
Good
Consumption
(5)
(6)
(7)

Bank Savings

Non-Bank
Savings

Total Savings

(8)

(9)

(10)

-0.0350.00000094
0.00000055
0.27
-0.20
0.00940.000014
0.044-0.099-0.045(0.48)(0.0000040)(0.0000051)(0.19)(0.39)(0.014)(0.000023)(0.082)(0.10)(0.13)
Treated (at mean of Education)
3254.5**0.020-0.035**
407.2
978.9
1.33
-0.0036680.3***
47.1
878.8**(1302.7)(0.014)(0.017)(459.2)(883.7)(33.0)(0.049)(200.3)(304.4)(383.9)Observations
9125
9125
9125
9125
9125
9125
1973
9125
9125
9125
R-squared
0.36
0.86
0.92
0.70
0.29
0.53
0.44
0.25
0.32
0.32
Outcomes are monthly totals at the individual level unless otherwise indicated. Regressions include individual-level fixed effects and SEs are clustered at both the individual and zone level, regression includes
month dummies and uses data for rounds 2-20. Top 1% tail of outcome truncated. * significant at 10%; ** significant at 5%; *** significant at 1%

Appendix Table A10: Heterogeneity by Baseline Numeracy
Total Household
IncomeWage
Employment

Self EmployedBusiness
Income

(1)

(2)

(3)

(4)

SurveyConsumption of Experiment 'Sin'
Consumption'Sin' Goods
Good
Consumption

Bank Savings

Non-Bank
Savings

Total Savings

(8)

(9)

(10)

VARIABLES

Numeracy Score * Treated

(5)

(6)

(7)

400.3
0.032
0.0085-351.61431.5
9.52
0.038
439.2
-243.07.37(2310.4)(0.028)(0.033)(855.3)(1551.5)(82.7)(0.10)(388.6)(685.5)(911.1)Treated (at mean of Numeracy)
3182.3**0.020-0.034*
456.4
889.0
4.23
-0.0073686.4***
44.0
883.0**(1240.4)(0.016)(0.017)(440.6)(957.7)(48.5)(0.047)(197.4)(324.8)(379.1)
Observations
9172
9172
9172
9172
9172
9172
1986
9172
9172
9172
R-squared
0.36
0.86
0.92
0.70
0.29
0.53
0.44
0.25
0.32
0.33
Notes: This table checks for treatment heterogeneity by the numeracy of hte respondent. Data are winsorized at the 99th percentile.Regressions include individual and survey wave fixed effects. Standard errors
clustered at the zone (treatment unit) and survey wave level using the method of Cameron, Gelbach, and Miller (2011) are reported in parentheses. * significant at 10%; ** significant at 5%; *** significant at 1%

Appendix Table A11 Heterogeneity by Baseline Education
Total Household
IncomeWage
Employment

Self EmployedBusiness
Income

(1)

(2)

(3)

(4)

SurveyConsumption of Experiment 'Sin'
Consumption'Sin' Goods
Good
Consumption

Bank Savings

Non-Bank
Savings

Total Savings

(8)

(9)

(10)

VARIABLES

Yrs of Education * Treated

(5)

(6)

(7)

205.3
0.0041-0.0025106.2
226.0-0.068-0.011
25.8
38.4
71.2
(336.4)(0.0031)(0.0031)(68.5)(253.3)(5.76)(0.0089)(45.1)(86.5)(120.3)Treated (at mean of Education)
3151.4**0.020-0.033*
436.2
862.3
4.32
-0.0041685.4***
35.8
871.3**(1242.8)(0.016)(0.017)(441.9)(955.8)(48.5)(0.045)(194.5)(329.4)(379.5)Observations
9172
9172
9172
9172
9172
9172
1986
9172
9172
9172
R-squared
0.36
0.86
0.92
0.70
0.29
0.53
0.44
0.25
0.32
0.33
Notes: This table checks for treatment heterogeneity by the level of education of the respondent. Data are winsorized at the 99th percentile.Regressions include individual and survey wave fixed effects. Standard
errors clustered at the zone (treatment unit) and survey wave level using the method of Cameron, Gelbach, and Miller (2011) are reported in parentheses. * significant at 10%; ** significant at 5%; *** significant at
1%

Appendix A12: Household Size Interactions with Household Size

VARIABLES

Household Size * TreatedTreated at zero household size
Control group mean
Observations
R-squared

(1)

(2)

(3)

(4)

(5)

(6)

SurveyExperiment'Sin' Good
Consumption(7)-404.3(995.8)4910.8(4532.1)
29,307.70
9172
0.36

0.00072(0.0054)0.017(0.026)
0.15
9172
0.86

-0.0063(0.0081)-0.0067(0.032)
0.53
9172
0.92

72.7
(218.7)143.6(958.6)
5,559.00
9172
0.7-113.9(484.9)1385.9(2087.3)
16,229.30
9172
0.29

-4.22
(16.3)
22.3(77.9)
492.609172
0.53-0.026(0.019)0.10(0.092)
0.15
1986
0.44

Total
HouseholdIncomeWage
Self Employed
Employment

Business
IncomeConsumption
Consumptionof 'Sin' Goods

Bank Savings

Non-Bank
Savings

Total Savings

(8)

(9)

(10)

120.9
(85.0)
173.8(427.2)765.10
9172
0.25

62.8
(251.4)-225.8(1019.4)
4,360.50
9172
0.32

168.2
(301.8)165.0(1318.4)
5,280.40
9172
0.33

Notes: This table checks for treatment heterogeneity by the size of respondents households. Data are winsorized at the 99th percentile.Regressions include individual and survey wave fixed effects. Standard errors clustered at the zone
(treatment unit) and survey wave level using the method of Cameron, Gelbach, and Miller (2011) are reported in parentheses. * significant at 10%; ** significant at 5%; *** significant at 1%

Appendix A13: Interactions with Working Age Number

VARIABLES
Members Working Age * TreatedTreatedControl group mean
Observations
R-squared

Total
HouseholdIncomeWage
Employment

Self
EmployedBusiness
Income(1)-495.4(894.7)4505.6(3008.7)
29,307.70
9172
0.36

(2)
-0.000099(0.0120)0.021(0.0350)
0.15
9172
0.86

(3)
0.0017(0.0093)-0.038(0.0270)
0.53
9172
0.92

(4)
132
(239.3)102(732.5)5,559.00
9172
0.7

SurveyConsumption Experiment
Consumption
Bank Savingsof 'Sin' Goods 'Sin' Good
Consumption
(5)
(6)
(7)
(8)
-180.5-28.3-0.042*249.9**(519.9)(18.8)(0.0230)(124.0)1380.8
79.9
0.11
23.5
(1657.8)(59.3)(0.0860)(344.8)
16,229.30
492.600.15
765.10
9172
9172
1986
9172
0.29
0.53
0.44
0.25

Non-Bank
Savings

Total Savings

(9)
-61.7
(236.4)206.7(642.3)4,360.50
9172
0.32

(10)
202.1
(281.2)344.3(825.2)5,280.40
9172
0.33

Notes: This table checks for treatment heterogeneity by the number of household members who are of working age. Working age is defined as being between 18 and 65 years old. . Data are winsorized at the 99th percentile.Regressions
include individual and survey wave fixed effects. Standard errors clustered at the zone (treatment unit) and survey wave level using the method of Cameron, Gelbach, and Miller (2011) are reported in parentheses. * significant at 10%; **significant at 5%; *** significant at 1%

Appendix A14: Interactions with Working Age Number

VARIABLES
Members Working Age (Share) * TreatedTreatedControl group mean
Observations
R-squared

Total
HouseholdIncomeWage
Employment

Self
EmployedBusiness
Income(1)-2168.9(4458.4)4580.7(3359.1)
29307.7
9172
0.36

(2)
-0.020(0.050)0.033(0.039)
0.15
9172
0.86

(3)
0.048
(0.036)-0.065**(0.032)
0.53
9172
0.92

(4)
385.6
(1187.2)
205.7(916.3)5559.09172
0.70

SurveyConsumption Experiment
Consumption
Bank Savingsof 'Sin' Goods 'Sin' Good
Consumption
(5)
(6)
(7)
(8)
-1594.9-143.3-0.029707.4(3155.0)(105.1)(0.12)(492.5)
1925.7
96.5
0.012
234.5
(2344.5)(76.9)(0.10)(298.8)16229.3
492.6
0.15
765.1
9172
9172
1986
9172
0.29
0.53
0.44
0.25

Non-Bank
Savings

Total Savings(9)-947.8(944.0)651.9(704.4)4360.5
9172
0.32

(10)
-153.6(1106.7)
981.9(806.4)5280.49172
0.33

Notes: This table checks for treatment heterogeneity by the share of household members who are working age. Working age is defined as being between 18 and 65 years old. Data are winsorized at the 99th percentile.Regressions include individual
and survey wave fixed effects. Standard errors clustered at the zone (treatment unit) and survey wave level using the method of Cameron, Gelbach, and Miller (2011) are reported in parentheses. * significant at 10%; ** significant at 5%; ***significant at 1%

Table A15. Estimated Impacts by Tercile of Personal Income of Respondent as a Share of Household Income
VARIABLES
Treated (Impact in Lowest Tercile)
Treated * Middle Third of Income Share
Treated * Highest Third of Income ShareControl Group Mean
Observations
R-squared

Total Household Individual Earned
IncomeIncome(1)(2)
4374.8**3249.0***(1966.9)(1000.0)-3739.2*-3454.7***(2266.4)(1208.7)-399.4-3358.3**(2132.1)(1643.1)
29,393.04
9172
0.702

9,879.11
9172
0.558

HouseholdConsumption(3)1599.8(1484.1)-2548.1(2053.5)
35.5(1622.7)

Transfers to
Spouse(4)-190.8(321.3)-6.17(440.2)790.3(575.5)

Transfers from
Spouse(5)229.1(772.9)117.0(1035.4)
238.2(968.8)

Net Transfers
(6)
687.0
(1383.9)-541.2(2042.1)-384.2(2053.0)

Bank Savings(7)655.6**(282.9)-23.8(398.7)125.4(380.6)

Non-Bank
Savings(8)209.7(476.1)-419.1(514.1)-113.8(539.0)Total Savings(9)1050.4*(582.0)-569.1(761.4)36.3(727.8)16,316.90
9172
0.644

2,243.95
9172
0.443

3,272.10
9172
0.581

3,552.10
9172
0.289

756.819172
0.305

4,307.43
9172
0.521

5,213.32
9172
0.523

Notes: This table reports on the heterogeneous effects of treatment on financial outcomes. The interaction 'Treated * Middle Third of Income Share' gives the differential effect of the treatment according to the tercile of the share of household income earned by the respondent.
The uninteracted term in the first row gives the impact in the lowest income share tercile. Dependent variables are Winsorized at the 99% level. Each column within a panel reports results of separate regressions using individual- and month-level fixed effects. Standard errors
clustered at the zone (treatment unit) and survey wave level using the method of Cameron, Gelbach, and Miller (2011) are reported in parentheses. The unit of observation is the individual/month and the reported coefficients correspond to dummy variables equal to one forindividuals offered weekly home visits from National Savings Bank deposit collectors in the months indicated. All columns in the table use survey data, and outcomes are monthly flows for the variables indicated. Data include four months of pre-treatment data and 13 treatedmonths. Regressions pool samples surveyed monthly and samples surveyed quarterly. * significant at 10%; ** significant at 5%; *** significant at 1%

Version that Uses Interaction with Continuous Share of Personal Income Earned by Respondent
VARIABLES
Treated * Respondent income share
Treated (at income share of zero)Control Group Mean
Observations
R-squared

Total Household Individual Earned
IncomeIncome(1)(2)
1738.4-3334.7*(2803.5)(1840.6)2304.42321.3**(1932.0)(974.3)29,393.04
9172
0.70

9,879.119172
0.56

HouseholdConsumption(3)1185.1(2159.4)
290.9(1538.5)

Transfers to
Spouse(4)695.3(718.7)-208.7(298.3)

Transfers from
Spouse(5)511.7(1113.7)
142.2(626.4)

Net Transfers
(6)
363.4
(2453.2)
234.2(1130.4)

Bank Savings
(7)
429.1
(428.1)517.6**(256.8)

Non-Bank
Savings(8)
386.1(719.9)-121.9(501.9)Total Savings
(9)
919.8
(954.8)505.2(583.6)

16,316.90
9172
0.64

2,243.959172
0.44

3,272.109172
0.58

3,552.10
9172
0.29

756.819172
0.30

4,307.439172
0.52

5,213.32
9172
0.52

Notes: This table reports on the heterogeneous effects of treatment on financial outcomes. The interaction 'Treated * Middle Third of Income Share' gives the differential effect of the treatment according to the tercile of the share of household income earned by the respondent.
The uninteracted term in the first row gives the impact in the lowest income share tercile. Dependent variables are Winsorized at the 99% level. Each column within a panel reports results of separate regressions using individual- and month-level fixed effects. Standard errors
clustered at the zone (treatment unit) and survey wave level using the method of Cameron, Gelbach, and Miller (2011) are reported in parentheses. The unit of observation is the individual/month and the reported coefficients correspond to dummy variables equal to one forindividuals offered weekly home visits from National Savings Bank deposit collectors in the months indicated. All columns in the table use survey data, and outcomes are monthly flows for the variables indicated. Data include four months of pre-treatment data and 13 treatedmonths. Regressions pool samples surveyed monthly and samples surveyed quarterly. * significant at 10%; ** significant at 5%; *** significant at 1%

Table A16 - Seetu Saturation Appendix
Experiment
TableBalance
A12: Seetu
Tests:
Balance Tests
Number of Seetus currently
Participating in
Treated-0.065(0.19)

Constant

996
0.00077

0.12(0.27)-0.93(0.83)
996
0.0063Observations
R-squared

996
0.001

996
0.006

Seetu Treatment Saturation

Monthly amount Saved
through Seetus

Monthly Transfers FROM
Outside the Household

35.9(323.9)161.8(828.7)996
0.0016361.2(441.1)-1619.3(1358.2)996
0.0081

996
0.002

996
0.008

996
0.003694.0(960.3)337.4(2705.6)996
0.0036

996
0.004

996
0.004

Monthly Transfers TO Outside
the Household-14.6(96.4)

Total Monthly
Savings
85.5(673.0)996
0.0025

4.96(104.1)-97.6(560.4)996
0.0026996
0.0045984.9(806.6)-4476.3*(2422.4)996
0.0078

996
0.003

996
0.003

996
0.005

996
0.008

OLS with round fixed effects and standard errors clustered at the zone level. Table includes data from round 1-5 on households that were members of ROSCAs within with the saturation
experiment was conducted (no more than 24 ROSCA members all of whom lived in the same zone).
* significant at 10%; ** significant at 5%; *** significant at 1%

Appendix Table B1 Savings Impacts Winsorized at 95%
From NSB

Institutional

From Survey Data

Data
# of Program
Transactions

Program
Deposits

Program
Deposits Withdrawals

Total # of
Trans-actions

Bank
Savings

Informaland Cash
Savings

Total Savings

1.67***(0.13)

661.0***(67.5)

137.8(84.0)

1.50***(0.14)

488.2***(74.2)-2.52(220.4)551.2**(268.3)

1.70***

659.3***

362.2***

1.47***

492.0***

73.3

624.8**(0.21)(97.7)(130.3)(0.17)(73.9)(241.2)(296.9)Treated months 5-8

1.68***(0.15)

662.2***(80.9)

53.4(88.2)

1.57***(0.13)

478.6***(86.8)-96.7(290.8)444.0(320.6)

Treated months 9-13

1.61***

660.7***-80.4

1.47***

493.6***-23.4

542.3*(0.21)(94.5)(156.4)(0.27)(114.1)(275.1)(316.6)

6 Months Post-treatment

0.40***

210.3***-613.6***

0.26***

256.7***

222.8

669.1*

12 Months Post-treatment(0.049)0.35***(38.5)
320.8***(180.2)-642.5***(0.075)0.15**(82.5)
134.2(363.0)-287.4(393.5)-237.4

Panel A: Pooled
TreatedPanel B: By Period
Treated months 1-4(0.037)(52.5)(158.4)(0.077)(97.7)(286.0)(348.4)Control group mean

0.01

1.68

0.85

0.49

377.083,680.47

4,399.02

Observations

10055

10055

10055

10055

10055

10055

10055

R-squared
Number of HHs

0.69
783

0.46
783

0.12
783

0.58
783

0.30
783

0.38
783

0.38
783

Notes: This table reports on the effect of treatment on savings outcomes. Panel A reports results pooling across survey rounds 2 - 18. Panel B reports effects separately
for the five indicated sets of survey rounds separately. Each column within a panel reports results of separate regressions using individual- and month-level fixed
effects. Standard errors clustered at the zone (treatment unit) and survey wave level using the method of Cameron, Gelbach, and Miller (2011) are reported inparentheses. The unit of observation is the individual/month and the reported coefficients correspond to dummy variables equal to one for individuals offered weekly
home visits from National Savings Bank deposit collectors in the months indicated. Columns (1)-(3) use institutional data from NSB to calculate cumulative monthly
totals, including zeros for individuals without bank accounts. Columns (4)-(7) use survey data; (4) gives the cumulative number of financial transactions with any
institution over the course of the month, while (5)-(7) give the total amount saved by the individual survey respondent over the previous month in each type ofsavings. Outcomes are Winsorized at the 95% level. Data include four months of pre-treatment data, 13 treated months, and two waves conducted 6 and 12
months after monthly home visits ended; the treatment changed at this point from door-to-door collection to collection from a lock box placed in the cluster ofhouses (see section 2.2 for details). Panel A includes data through the end of weekly home visits (17 waves). Panel B includes the two post-treatment surveys (19waves). Regressions pool samples surveyed monthly and samples surveyed quarterly. * significant at 10%; ** significant at 5%; *** significant at 1%

18

Appendix Table B2 Savings Impacts with No Winsorizing
From NSB

Institutional

From Survey Data

Data
# of Program
Transactions

Program
Deposits

Program
Deposits Withdrawals

Total # of
Trans-actions

Bank
Savings

Informaland Cash
Savings

Total Savings

1.74***(0.14)

1561.3***(327.7)759.8***(219.1)

1.57***(0.15)

550.5(573.0)321.9(455.0)865.3(650.1)1.75***

1612.9***1051.8***

1.47***

219.6

558.7

759.1

(0.22)
1.76***(0.18)(388.2)1146.5***(219.9)(378.3)346.5**(151.6)(0.20)
1.65***(0.20)(656.8)746.5(589.7)(507.3)-32.0(720.6)(819.7)714.7(884.9)Treated months 9-13

1.71***(0.24)

1968.9***(539.6)

838.6**(416.0)1.62***(0.20)

772.4(644.6)389.3(510.5)1162.6*(652.4)6 Months Post-treatment

0.44***(0.063)0.36***

132.1(207.7)1343.2**-606.1***(231.9)290.6

0.60**(0.29)
0.28

224.9(684.2)-598.2281.0(554.6)81.2

506.5(701.9)-516.3

Panel A: Pooled
TreatedPanel B: By Period
Treated months 1-4
Treated months 5-8

12 Months Post-treatment(0.034)(670.4)(726.8)(0.26)(583.5)(495.9)(612.7)

Baseline Control group mean

0.62

171.13

86.23

0.53

1,022.53

4,649.17

5,669.21

Observations
R-squared
Number of HHs

10055

10055

10055

10055

10055

10055

10055

0.65
783

0.21
783

0.14
783

0.43
783

0.16
783

0.22
783

0.22
783

Notes: This table reports on the effect of treatment on savings outcomes. Panel A reports results pooling across survey rounds 2 - 18. Panel B reports effects separately
for the five indicated sets of survey rounds separately. Each column within a panel reports results of separate regressions using individual- and month-level fixed
effects. Standard errors clustered at the zone (treatment unit) and survey wave level using the method of Cameron, Gelbach, and Miller (2011) are reported inparentheses. The unit of observation is the individual/month and the reported coefficients correspond to dummy variables equal to one for individuals offered weekly
home visits from National Savings Bank deposit collectors in the months indicated. Columns (1)-(3) use institutional data from NSB to calculate cumulative monthly
totals, including zeros for individuals without bank accounts. Columns (4)-(7) use survey data; (4) gives the cumulative number of financial transactions with any
institution over the course of the month, while (5)-(7) give the total amount saved by the individual survey respondent over the previous month in each type ofsavings. Outcomes are not Winsorized. Data include four months of pre-treatment data, 13 treated months, and two waves conducted 6 and 12 months aftermonthly home visits ended; the treatment changed at this point from door-to-door collection to collection from a lock box placed in the cluster of houses (see section
2.2 for details). Panel A includes data through the end of weekly home visits (17 waves). Panel B includes the two post-treatment surveys (19 waves). Regressions poolsamples surveyed monthly and samples surveyed quarterly. * significant at 10%; ** significant at 5%; *** significant at 1%

19

Appendix Table B3 Aggregate Headwaters Winsorized at 95%

(1)

(2)

Sources of income(3)(4)
Earned Income

(5)

(6)

(7)

Transfers and loans

Consumption and savings

Transfers fromOther
outsidehouseholdhouseholdinflows (e.g.,(remittance)
loan receipts)

HouseholdTotal savings
consumption

HouseholdIncomeEarned byhousehold

Earned byrespondent

Earned byotherhouseholdmembers

Treated months 1-13

1884.6**(828.5)1133.4*(627.7)605.5(511.1)181.8(572.4)32.9(63.0)

265.7(435.6)275.3(484.4)

Observations
R-squared

9,172
0.44

9,172
0.47

9,172
0.43

9,172
0.53

9,172
0.27

9,172
0.23

901.6
(619.7)455.6(749.9)325.8(546.7)935.5(913.2)-438.9(1300.9)
10,0550.41-118.2(587.5)504.9(749.8)148.9(822.0)656.6(944.6)-811.1(982.6)
10,0550.53

51.3(58.3)
24.5(84.6)
16.2(99.5)-18.8(91.0)-26.8(91.1)
10,0960.26

172.1(538.5)319.4(541.4)348.2(528.0)893.6*(496.8)942.1**(472.2)
10,096
0.22

VARIABLES

Panel C: Time-varying effects (Winsorized data, n=783)
Treated months 1-4
2021.5*1152.4Treated months 5-8
Treated months 9-13
6 Months Post-treatment
12 Months Post-treatment
Observations
R-squared(1119.9)2036.5**(881.0)1344.8(1177.1)3080.1**(1303.6)-785.5(1070.0)
10,0550.43(748.0)1372.4*(779.8)680.5(918.2)
1590.6(1134.9)-1517.9*(866.8)10,055
0.46

Uses of income
(8)
(9)

(10)

Transfers and loans

Transfers to
outsidehouseholdLoanpayments

551.2**(268.3)-5.82(36.6)

117.3(128.1)

9,172
0.42

9,172
0.39

9,172
0.27

9,172
0.26

210.8
(686.3)222.2(530.4)380.7(571.3)1317.1**(567.1)576.0(486.9)10,0550.42

624.8**(296.9)444.0(320.6)542.3*(316.6)669.1*(393.5)-237.4(348.4)
10,0550.38-20.0(35.9)-0.68(49.4)
9.10(47.9)-85.8*(45.8)-14.1(38.4)
10,0550.25

197.9(169.9)74.5(176.6)61.6(132.1)308.7*(178.2)-31.8(170.7)
10,0550.24

Notes: This table reports on the effect of treatment on financial outcomes. Panel A reports results pooling across survey rounds 2 - 18, Panel C uses data from rounds 2-20, both panels are Winsorized at 95% . Each column withina panel reports results of separate regressions using individual- and month-level fixed effects. Standard errors clustered at the zone (treatment unit) and survey wave level using the method of Cameron, Gelbach, and Miller (2011) are
reported in parentheses. The unit of observation is the individual/month and the reported coefficients correspond to dummy variables equal to one for individuals offered weekly home visits from National Savings Bank deposit
collectors in the months indicated. All columns in the table use survey data, and outcomes are monthly flows for the variables indicated. Data include four months of pre-treatment data, 13 treated months, and two waves conducted 6
and 12 months after monthly home visits ended; the treatment changed at this point from door-to-door collection to collection from a lock box placed in the cluster of houses (see section 2.2 for details). Panels A and B include data
through the end of weekly home visits (17 waves). Panel C includes the two post-treatment surveys (19 waves). Regressions pool samples surveyed monthly and samples surveyed quarterly. * significant at 10%; ** significant at 5%; ***significant at 1%

Appendix Table B4 Aggregate Headwaters with No Winsorizing
(1)

(2)

(3)

(4)

Earned Income

(5)

(6)

(7)

Consumption and savings

Transfers fromOther
outsidehouseholdhouseholdinflows (e.g.,(remittance)
loan receipts)

HouseholdTotal savings
consumption

HouseholdIncomeEarned byhousehold

Earned byrespondent

Earned byotherhouseholdmembers

Treated months 1-13

2634.9(1842.6)

2372.0*(1270.0)

1646.9*(977.3)725.1(894.2)103.0(396.1)158.7(1315.7)279.2(1484.7)

Observations
R-squared

9,172
0.24

9,172
0.27

9,172
0.30

9,172
0.30

9,172
0.18

9,172
0.16

2700.9*(1413.9)2631.8**(1245.1)
1481.7(2183.7)
2936.3*(1697.4)-803.6(1442.1)
10,0550.26

2072.3*(1163.5)
963.2(1072.2)
1821.0(1237.2)
1310.0(1603.8)-324.9(1638.1)
10,0550.30

628.6(753.5)1668.6(1023.6)-339.3(1792.1)
1626.3(1080.2)-478.7(1486.0)
10,0550.29

248.3(471.2)-39.6(410.4)47.9(522.9)258.6(595.0)-215.6(561.9)10,0960.16-129.6(1937.8)674.9(1653.0)-38.8(2102.3)503.0(1112.7)-609.0(3143.0)
10,096
0.16

VARIABLES

Panel C: Time-varying effects (n=783)
Treated months 1-4
2823.2Treated months 5-8
Treated months 9-13
6 Months Post-treatment
12 Months Post-treatment
Observations
R-squared(2597.8)
3266.7*(1829.2)
1490.6(2892.8)3709.8**(1837.2)-1628.1(3243.5)
10,0550.24(8)Transfers and loans

(9)

(10)

Transfers and loans

Transfers to
outsidehouseholdLoanpayments

865.3(650.1)-92.5(129.7)804.7*(425.5)

9,172
0.17

9,172
0.22

9,172
0.072

9,172
0.14

588.0
(2016.3)
689.7(1629.7)-640.0(2374.1)
2656.9*(1438.8)-1136.7(3148.6)
10,0550.16

759.1(819.7)714.7(884.9)1162.6*(652.4)506.5(701.9)-516.3(612.7)
10,0550.22-316.5(369.7)40.0(91.8)
55.6(120.7)-64.4(81.9)
38.4(76.7)
10,0550.067

1151.4*(689.4)582.5(487.3)592.4(562.2)696.9*(358.5)261.9(349.3)
10,0550.14

Notes: This table reports on the effect of treatment on financial outcomes. Panel A reports results pooling across survey rounds 2 - 18, Panel C uses data from rounds 2-20, both panels are not Winsorized. Each column within apanel reports results of separate regressions using individual- and month-level fixed effects. Standard errors clustered at the zone (treatment unit) and survey wave level using the method of Cameron, Gelbach, and Miller (2011) are
reported in parentheses. The unit of observation is the individual/month and the reported coefficients correspond to dummy variables equal to one for individuals offered weekly home visits from National Savings Bank deposit
collectors in the months indicated. All columns in the table use survey data, and outcomes are monthly flows for the variables indicated. Data include four months of pre-treatment data, 13 treated months, and two waves conducted 6
and 12 months after monthly home visits ended; the treatment changed at this point from door-to-door collection to collection from a lock box placed in the cluster of houses (see section 2.2 for details). Panels A and B include data
through the end of weekly home visits (17 waves). Panel C includes the two post-treatment surveys (19 waves). Regressions pool samples surveyed monthly and samples surveyed quarterly. * significant at 10%; ** significant at 5%; ***significant at 1%

21

Appendix Table B5 Respondent earnings details Winsorized at 95%(1)
Y/N: Wage
Employment?

(2)
Y/N: Ag
employment?

(3)
Y/N: Selfemployment?

Treated months 1-13

0.020
(0.016)-0.0000048(0.014)

Observations
R-squared

9172
0.86

9172
0.92

VARIABLES(4)(6)
Business
income(7)(8)

Wages earned(5)
Ag incomeearnedWage hours

SE hours-0.034*(0.017)204.2(138.0)-37.5(315.0)233.4(392.5)

1.34**(0.68)-0.13(0.92)

9172
0.92

9172
0.78

9172
0.20

9172
0.72

9172
0.84

9172
0.86

Panel B: Some SE and some manufacturing during baseline (N=259)
Treated months 1-13

-0.019(0.033)-0.016(0.026)-0.0092(0.027)-130.9(238.2)-402.3(759.4)

1784.4**(868.1)-0.047(1.29)

2.98(1.85)

Observations
R-squared

3085
0.80

3085
0.89

3085
0.65

3085
0.66

3085
0.15

3085
0.59

3085
0.79

3085
0.69

Panel C: Some SE but no manufacturing during baseline (N=160)
Treated months 1-13

0.10***(0.032)0.030(0.030)-0.078**(0.037)769.6***(289.2)

192.5(118.7)-1339.0(964.0)3.99***(1.38)-2.62(2.54)

Observations
R-squared

1821
0.74

1821
0.63

1821
0.51

1821
0.67

1821
0.10

1821
0.64

1821
0.73

1821
0.63

Panel D: No SE during baseline (N=364)
Treated months 1-13

0.012
(0.020)-0.0077(0.021)-0.026(0.022)170.7(148.0)-60.9(476.1)-141.2(250.1)1.12(0.76)-0.76(0.78)

Observations
R-squared

4266
0.89

4266
0.90

4266
0.59

4266
0.82

4266
0.23

4266
0.50

4266
0.87

4266
0.49

Notes: This table reports on the effect of treatment on employment outcomes; columns 4-9 are Winsorized at the 95th percentile. All regressions use data
across survey rounds 2 - 18. Panel A uses the full sample of respondents in the study, Panel B uses all respondents who ever reported being self-employed in a
manufacturing business in the five baseline rounds, Panel C uses all respondents who ever reported being self-employed in the five baseline rounds but not in a
manufacturing business, and Panel D uses all respondents who never reported being self-employed in the five baseline rounds. Each column within a panel
reports results of separate regressions using individual- and month-level fixed effects. Standard errors clustered at the zone (treatment unit) and survey wave
level using the method of Cameron, Gelbach, and Miller (2011) are reported in parentheses. The unit of observation is the individual/month and thereported coefficients correspond to dummy variables equal to one for individuals offered weekly home visits from National Savings Bank deposit collectors in
the months indicated. All regressions use survey data; colums (1) - (3) report whether an individual reported being employed in the described activities at any
point during a month, and Columns (4) - (8) report monthly totals. Data include four months of pre-treatment data and 13 treated months, through the endof weekly home visits (17 waves). Regressions pool samples surveyed monthly and samples surveyed quarterly. * significant at 10%; ** significant at 5%; ***significant at 1%

22

Appendix Table B6 Respondent earnings details, Unwinsorized
Panel A

Full Sample ( n=783)(1)
Y/N: Wage
VARIABLES
Employment?

(2)
Y/N: Ag
employment?

(3)
Y/N: Selfemployment?

(4)

(6)
Business
income(7)(8)

Wages earned(5)
Ag incomeearnedWage hours

SE hours

Treated months 1-13

0.020
(0.016)-0.0000048(0.014)-0.034*(0.017)361.2(234.8)327.3(868.1)2880.7***(1074.9)

1.54**(0.74)-0.22(1.00)

Observations
R-squared

9172
0.86

9172
0.92

9172
0.92

9172
0.74

9172
0.19

4800
0.46

9172
0.82

9172
0.85

Panel B: Some SE and some manufacturing during baseline (N=259)
(1)
(2)
(3)
Treated months 1-13
-0.019-0.016-0.0092(0.033)(0.026)(0.027)(4)-199.4(393.7)(5)-245.8(944.7)(6)4328.5***(1422.2)(7)
0.056(1.54)(8)
3.11(1.98)

Observations
R-squared

3085
0.56

3085
0.13

2883
0.44

3085
0.75

3085
0.68

(4)
1015.7**(420.9)(5)314.5(213.0)(6)299.7(1735.5)(7)
4.44***(1.56)(8)-3.13(2.74)

3085
0.80

3085
0.89

3085
0.65

Panel C: Some SE but no manufacturing during baseline (N=160)
(1)
(2)
(3)
Treated months 1-13
0.10***
0.030-0.078**(0.032)(0.030)(0.037)
Observations
R-squared

1821
0.74

1821
0.63

1821
0.51

1821
0.66

1821
0.11

1754
0.48

1821
0.70

1821
0.63

Panel D: No SE during baseline (N=364)(1)
Treated months 1-13
0.012
(0.020)(2)-0.0077(0.021)(3)-0.026(0.022)(4)437.8(274.8)(5)438.0(1409.7)(6)1058.1(922.6)(7)
1.23(0.85)(8)-0.77(0.79)

Observations
R-squared

4266
0.90

4266
0.59

4266
0.79

4266
0.20

163
0.75

4266
0.86

4266
0.49

4266
0.89

Notes: This table reports on the effect of treatment on employment outcomes; outcomes are not Winsorized. All regressions use data across survey rounds
2 - 18. Panel A uses the full sample of respondents in the study, Panel B uses all respondents who ever reported being self-employed in a manufacturingbusiness in the five baseline rounds, Panel C uses all respondents who ever reported being self-employed in the five baseline rounds but not in a manufacturingbusiness, and Panel D uses all respondents who never reported being self-employed in the five baseline rounds. Each column within a panel reports results ofseparate regressions using individual- and month-level fixed effects. Standard errors clustered at the zone (treatment unit) and survey wave level using themethod of Cameron, Gelbach, and Miller (2011) are reported in parentheses. The unit of observation is the individual/month and the reported coefficients
correspond to dummy variables equal to one for individuals offered weekly home visits from National Savings Bank deposit collectors in the months
indicated. All regressions use survey data; colums (1) - (3) report whether an individual reported being employed in the described activities at any point during
a month, and Columns (4) - (8) report monthly totals. Data include four months of pre-treatment data and 13 treated months, through the end of weekly
home visits (17 waves). Regressions pool samples surveyed monthly and samples surveyed quarterly. * significant at 10%; ** significant at 5%; *** significant at
1%

23

Appendix Table B7 Respondent earnings, Time-varing, winsorized at 95%
Panel A

Full Sample ( n=783)

VARIABLES
Treated months 1-4
Treated months 5-8
Treated months 9-13
18 months post-treatment
24 months post-treatment
Observations
R-squared(1)
Y/N: Wage
Employment?

(2)
Y/N: Ag
employment?

(3)
Y/N: Selfemployment?

0.013(0.013)0.024(0.019)0.027(0.025)0.031(0.027)0.055*(0.028)-0.011(0.012)0.013(0.018)-0.0016(0.021)-0.012(0.023)-0.0081(0.024)

10055
0.85

10055
0.91

(6)
Business
income(7)(8)

Wages earned(5)
Ag incomeearnedWage hours

SE hours-0.034**(0.014)-0.028(0.020)-0.040(0.026)-0.045(0.032)-0.028(0.033)27.8(126.3)239.2(172.2)415.9**(199.1)605.7**(244.3)646.0**(292.4)186.9(440.4)-282.4(404.9)-86.5(337.0)-71.9(583.2)29.6(1191.9)406.5(397.4)382.6(467.1)-201.3(479.7)-627.7(641.6)-1682.2***(585.5)0.94*(0.53)
1.35*(0.82)
1.93*(1.04)
1.65(1.02)
2.72**(1.29)-0.12(0.83)-0.013(1.04)-0.36(1.52)-3.38**(1.67)-1.01(1.71)

10055
0.91

10055
0.76

10055
0.19

10055
0.71

10055
0.83

10055
0.85

Wages earned

Ag incomeearnedBusiness
incomePanel B: Some SE and some manufacturing during baseline (N=259)
Y/N: Wage
Y/N: Ag
Y/N: SelfVARIABLES
Employment? employment?
employment?
Treated months 1-4
Treated months 5-8
Treated months 9-13
18 months post-treatment
24 months post-treatment
Observations
R-squared

Wage hours

SE hours

0.0096(0.030)-0.035(0.037)-0.041(0.038)-0.047(0.044)-0.050(0.043)-0.042*(0.024)0.0053(0.026)-0.0087(0.037)0.0066(0.044)0.019(0.045)-0.034(0.022)0.010(0.028)-0.00052(0.039)-0.050(0.048)-0.012(0.049)-176.8(247.4)-185.5(289.0)5.44(295.7)212.9(398.8)-84.4(368.0)-583.3(985.7)-527.6(706.7)-21.6(1074.4)-1637.8(1154.4)921.0(3023.6)

2081.9***(738.8)1726.5*(899.9)1335.1(1234.3)
2490.4**(1170.6)-822.8(1114.6)

0.58(1.25)-0.82(1.42)-0.016(1.56)-0.47(1.84)-1.58(1.76)

1.27(1.74)
4.14**(1.68)
3.79(2.74)-0.94(2.44)
0.60(2.47)

3388
0.79

3388
0.88

3388
0.63

3388
0.64

3388
0.14

3388
0.58

3388
0.77

3388
0.68

Wages earned

Ag incomeearnedBusiness
incomePanel C: Some SE but no manufacturing during baseline (N=160)
Y/N: Wage
Y/N: Ag
Y/N: SelfVARIABLES
Employment? employment?
employment?
Treated months 1-4
Treated months 5-8
Treated months 9-13
18 months post-treatment
24 months post-treatment
Observations
R-squared(4)

Wage hours

SE hours

0.063**(0.025)0.12***(0.032)0.14***(0.042)0.15***(0.044)0.17***(0.047)0.015(0.020)0.045(0.037)0.032(0.042)-0.016(0.031)-0.042(0.034)-0.054*(0.029)-0.079**(0.038)-0.11*(0.060)-0.16**(0.065)-0.16**(0.067)454.9**(199.5)910.6***(319.6)1109.3***(407.3)1223.5***(432.3)1757.5***(497.4)346.7(269.7)37.1(146.5)155.4(167.9)-45.5(115.6)682.7(446.9)-1082.5(1082.0)-996.7(1160.9)-2141.0(1320.5)-6792.2***(1570.7)-7058.5***(1846.8)

2.48**(1.11)
4.69***(1.35)
5.58***(1.92)
5.45***(1.84)
7.74***(2.15)-0.57(2.98)-3.04(2.92)-5.23(3.99)-14.0***(3.95)-9.03**(4.45)

1979
0.76

1979
0.64

1979
0.53

1979
0.68

1979
0.11

1979
0.64

1979
0.74

1979
0.63

24

Panel D: No SE during baseline (N=364)
Y/N: Wage
VARIABLES
Employment?
Treated months 1-4
Treated months 5-8
Treated months 9-13
18 months post-treatment
24 months post-treatment-0.0089(0.015)0.022(0.024)0.028(0.035)0.038(0.033)0.079**(0.036)

Y/N: Ag
employment?

Y/N: Selfemployment?

Wages earned

Ag incomeearnedBusiness
incomeWage hours

SE hours-0.0015(0.012)-0.0035(0.030)-0.022(0.030)-0.036(0.035)-0.027(0.032)-0.020(0.019)-0.027(0.027)-0.033(0.036)0.0071(0.039)0.016(0.037)-30.3(151.3)219.7(196.5)381.7(243.0)639.5**(255.4)680.1**(346.8)415.0(547.3)-338.3(727.3)-410.6(703.2)769.5(740.3)-1473.1(969.5)-94.0(121.8)-40.9(381.9)-325.4(338.6)-450.6(590.6)-360.7(565.0)0.47(0.46)
1.37(1.09)
1.73(1.38)
1.70*(1.02)
3.58**(1.54)-0.53*(0.29)-1.01(0.97)-0.79(1.59)-0.80(1.94)
1.02(1.60)

Observations
4688
4688
4688
4688
4688
4688
4688
4688
R-squared
0.88
0.89
0.60
0.81
0.23
0.48
0.86
0.49
This table reports on the effect of treatment on employment outcomes; columns 4-9 are Winsorized at the 95th percentile. All regressions use data across survey
rounds 2 - 20, which include four pre-treatment rounds, 13 treated months, and post-treatment rounds conducted 6 months and 12 months after the weekly home
visits ended. Panel A uses the full sample of respondents in the study, Panel B uses all respondents who ever reported being self-employed in a manufacturingbusiness in the five baseline rounds, Panel C uses all respondents who ever reported being self-employed in the five baseline rounds but not in a manufacturingbusiness, and Panel D uses all respondents who never reported being self-employed in the five baseline rounds. Each column within a panel reports results ofseparate regressions using individual- and month-level fixed effects. Standard errors clustered at the zone (treatment unit) and survey wave level using the method of
Cameron, Gelbach, and Miller (2011) are reported in parentheses. The unit of observation is the individual/month and the reported coefficients correspond todummy variables equal to one for individuals offered weekly home visits from National Savings Bank deposit collectors in the months indicated. All regressions use
survey data; colums (1) - (3) report whether an individual reported being employed in the described activities at any point during a month, and Columns (4) - (8) reportmonthly totals. Regressions pool samples surveyed monthly and samples surveyed quarterly. * significant at 10%; ** significant at 5%; *** significant at 1%25

Appendix Table B8 Respondent earnings, Time-varing, not Winsorized
Panel A

Full Sample ( n=783)

VARIABLES
Treated months 1-4
Treated months 5-8
Treated months 9-13
18 months post-treatment
24 months post-treatment
Observations
R-squared(1)
Y/N: Wage
Employment?

(2)
Y/N: Ag
employment?

(3)
Y/N: Selfemployment?

0.013(0.013)0.024(0.019)0.027(0.025)0.031(0.027)0.055*(0.028)-0.011(0.012)0.013(0.018)-0.0016(0.021)-0.012(0.023)-0.0081(0.024)

10055
0.85

10055
0.91

(6)
Business
income(7)(8)

Wages earned(5)
Ag incomeearnedWage hours

SE hours-0.034**(0.014)-0.028(0.020)-0.040(0.026)-0.045(0.032)-0.028(0.033)46.1(209.3)517.8*(268.1)628.0*(337.8)958.2**(410.6)1373.9**(565.2)674.6(1043.7)-372.6(847.1)612.3(1050.2)
587.3(1433.8)-95.2(1530.4)

3430.9***(1146.7)
2465.1**(1054.1)
2549.7*(1366.0)941.9(1239.1)-1509.2(1466.2)

1.16**(0.58)
1.38(0.88)
2.30**(1.15)
1.96(1.27)
3.26**(1.52)-0.15(0.91)-0.045(1.09)-0.57(1.65)-4.06**(1.97)-1.14(1.78)

10055
0.91

10055
0.72

10055
0.19

5254
0.46

10055
0.80

10055
0.84

Wages earned

Ag incomeearnedBusiness
incomePanel B: Some SE and some manufacturing during baseline (N=259)
Y/N: Wage
Y/N: Ag
Y/N: SelfVARIABLES
Employment? employment?
employment?
Treated months 1-4
Treated months 5-8
Treated months 9-13
18 months post-treatment
24 months post-treatment
Observations
R-squared

Wage hours

SE hours

0.0096(0.030)-0.035(0.037)-0.041(0.038)-0.047(0.044)-0.050(0.043)-0.042*(0.024)0.0053(0.026)-0.0087(0.037)0.0066(0.044)0.019(0.045)-0.034(0.022)0.010(0.028)-0.00052(0.039)-0.050(0.048)-0.012(0.049)-266.5(399.4)-151.9(414.1)-151.6(536.2)406.8(739.6)579.6(852.9)-223.6(1267.0)-311.0(890.6)-296.8(1564.6)-2417.7(2282.9)
1192.4(3332.9)5204.9***(1313.5)3160.7**(1351.4)
4461.5**(2082.1)
3822.7***(1417.6)-1420.3(1474.1)

0.83(1.53)-1.16(1.61)
0.42(1.98)-0.25(2.42)
0.012(2.60)

1.46(2.01)
4.45**(1.77)
3.59(2.96)-0.89(2.77)
0.68(2.52)

3388
0.79

3388
0.88

3388
0.63

3388
0.52

3388
0.13

3157
0.43

3388
0.72

3388
0.66

Wages earned

Ag incomeearnedBusiness
incomePanel C: Some SE but no manufacturing during baseline (N=160)
Y/N: Wage
Y/N: Ag
Y/N: SelfVARIABLES
Employment? employment?
employment?
Treated months 1-4
Treated months 5-8
Treated months 9-13
18 months post-treatment
24 months post-treatment
Observations
R-squared(4)

Wage hours

SE hours

0.063**(0.025)0.12***(0.032)0.14***(0.042)0.15***(0.044)0.17***(0.047)0.015(0.020)0.045(0.037)0.032(0.042)-0.016(0.031)-0.042(0.034)-0.054*(0.029)-0.079**(0.038)-0.11*(0.060)-0.16**(0.065)-0.16**(0.067)597.7*(328.2)
1278.7***(482.9)1381.6**(570.3)1783.3***(621.1)2950.8***(852.3)534.7(435.7)134.1(197.8)207.0(188.0)5.83(145.6)734.0(453.3)162.5(2681.7)
834.4(1513.9)-136.6(1563.4)-4781.1***(1851.0)-3087.7(2747.2)

2.71**(1.31)
5.33***(1.57)
6.10***(2.07)
7.14***(2.64)
8.38***(2.32)-1.02(3.12)-3.57(3.18)-5.78(4.10)-17.4***(4.12)-9.92**(4.73)

1979
0.76

1979
0.64

1979
0.53

1979
0.67

1979
0.11

1896
0.49

1979
0.71

1979
0.62

26

Panel D: No SE during baseline (N=364)
Y/N: Wage
VARIABLES
Employment?
Treated months 1-4
Treated months 5-8
Treated months 9-13
18 months post-treatment
24 months post-treatment-0.0089(0.015)0.022(0.024)0.028(0.035)0.038(0.033)0.079**(0.036)

Y/N: Ag
employment?

Y/N: Selfemployment?

Wages earned

Ag incomeearnedBusiness
incomeWage hours

SE hours-0.0015(0.012)-0.0035(0.030)-0.022(0.030)-0.036(0.035)-0.027(0.032)-0.020(0.019)-0.027(0.027)-0.033(0.036)0.0071(0.039)0.016(0.037)-7.39(258.4)621.2*(346.2)818.1**(414.4)1058.7**(443.2)1322.7**(631.1)

951.1(1760.6)-859.2(1536.0)1201.4(1629.4)
2694.5(1960.8)-2112.9(1823.6)-1330.6(3638.7)
7021.1(4889.4)
4476.7(6871.8)6458.1(9531.4)
6287.6(10135.8)

0.61(0.58)
1.34(1.16)
1.98(1.50)
1.55(1.08)
3.37*(1.75)-0.53*(0.28)-1.01(0.97)-0.86(1.62)-0.96(2.19)
1.02(1.60)

Observations
4688
4688
4688
4688
4688
201
4688
4688
R-squared
0.88
0.89
0.60
0.79
0.20
0.71
0.85
0.49
This table reports on the effect of treatment on employment outcomes; outcomes are not Winsorized. All regressions use data across survey rounds 2 - 20, which
include four pre-treatment rounds, 13 treated months, and post-treatment rounds conducted 6 months and 12 months after the weekly home visits ended. Panel A
uses the full sample of respondents in the study, Panel B uses all respondents who ever reported being self-employed in a manufacturing business in the five baseline
rounds, Panel C uses all respondents who ever reported being self-employed in the five baseline rounds but not in a manufacturing business, and Panel D uses all
respondents who never reported being self-employed in the five baseline rounds. Each column within a panel reports results of separate regressions using individualand month-level fixed effects. Standard errors clustered at the zone (treatment unit) and survey wave level using the method of Cameron, Gelbach, and Miller (2011)
are reported in parentheses. The unit of observation is the individual/month and the reported coefficients correspond to dummy variables equal to one forindividuals offered weekly home visits from National Savings Bank deposit collectors in the months indicated. All regressions use survey data; colums (1) - (3) report
whether an individual reported being employed in the described activities at any point during a month, and Columns (4) - (8) report monthly totals. Regressions poolsamples surveyed monthly and samples surveyed quarterly. * significant at 10%; ** significant at 5%; *** significant at 1%

27

Appendix Table B9 Aggregate Headwaters by Subsample, Winsorized at 95%(1)(5)
Transfers
from outside
household(remittance)
32.9(63.0)
9172
0.27

(6)
Other
householdinflows (e.g.,loan receipts)
265.7(435.6)9172
0.23

Panel B: Some SE and some manufacturing during baseline (N=259)
treated3408.8**2975.2***1195.61406.3(1508.6)(1060.7)(1029.0)(964.7)
Observations
3388
3388
3388
3388
R-squared
0.44
0.48
0.35
0.49

85.2
(115.3)3388
0.29

Panel C: Some SE but no manufacturing during baseline (N=160)
treated75.6-398.5-408.6-208.5(2058.3)(1728.8)(1060.5)(1235.2)
Observations
1979
1979
1979
1979
R-squared
0.50
0.59
0.62
0.63
Panel D: No SE during baseline (N=364)
treated1365.2170.1(1516.3)(990.7)
Observations
4688
4688
R-squared
0.39
0.40

VARIABLES
treatedObservations
R-squared

HouseholdIncome1884.6**(828.5)
9172
0.44

(2)

(3)

(4)
Earnedincome: otherHouseholdRespondent
householdearned income earned income
members1133.4*605.5
181.8(627.7)(511.1)(572.4)
9172
9172
9172
0.47
0.43
0.53

308.1
(539.0)4688
0.33-357.0(930.7)
4688
0.50

(7)

(8)

(9)

(10)

Householdconsumption
275.3(484.4)9172
0.39

Total savings
551.2**(268.3)9172
0.39

Transfers to
outsidehousehold-5.82(36.6)
9172
0.27

Loan
payments
117.3(128.1)9172
0.26-636.5(613.3)3388
0.22-156.7(864.5)3388
0.37

1017.0***(338.4)
3388
0.40

2.57
(51.4)
3388
0.25

351.1*(180.7)
3388
0.23

-20.0
(106.6)
1979
0.20

211.4
(921.4)
1979
0.19

331.5
(869.1)
1979
0.47

-19.0
(528.7)1979
0.44-170.1**(73.9)
1979
0.27

300.1
(250.2)
1979
0.32

4.22
(98.8)
4688
0.25

1143.5(701.1)
4688
0.23

779.1
(668.6)
4688
0.36

367.1
(448.1)
4688
0.35

49.2
(45.8)
4688
0.25-140.7(200.1)4688
0.24

Notes: This table reports on the effect of treatment on financial outcomes. All regressions use data across survey rounds 2 - 18, and outcomes are Winsorized at the 95%
level. Panel A uses the full sample of respondents in the study, Panel B uses all respondents who ever reported being self-employed in a manufacturing business in the fivebaseline rounds, Panel C uses all respondents who ever reported being self-employed in the five baseline rounds but not in a manufacturing business, and Panel D uses all
respondents who never reported being self-employed in the five baseline rounds. Standard errors clustered at the zone (treatment unit) and survey wave level using the methodof Cameron, Gelbach, and Miller (2011) are reported in parentheses. The unit of observation is the individual/month and the reported coefficients correspond to dummy
variables equal to one for individuals offered weekly home visits from National Savings Bank deposit collectors in the months indicated. All columns in the table use survey
data, and outcomes are monthly flows for the variables indicated. Data include four months of pre-treatment data and 13 treated months. Regressions pool samples surveyed
monthly and samples surveyed quarterly. * significant at 10%; ** significant at 5%; *** significant at 1%

Appendix Table B10 Aggregate Headwaters by Subsample, not Winsorized
Panel A

Full Sample ( n=783)(1)

Sources of income(3)(4)
Earnedincome: otherHouseholdRespondent
householdearned income earned income
members2372.0*1646.9*725.1(1270.0)(977.3)(894.2)
9172
9172
9172
0.27
0.30
0.30

(5)
Transfers
from outside
household(remittance)
103.0(396.1)
9172
0.18

(6)
Other
householdinflows (e.g.,loan receipts)
158.7(1315.7)9172
0.16

Householdconsumption
279.2(1484.7)
9172
0.17

Panel B: Some SE and some manufacturing during baseline (N=259)
Treated5470.2**6434.8***2971.7**3463.1***(2459.4)(1844.8)(1409.3)(1338.9)
Observations
3388
3388
3388
3388
R-squared
0.30
0.35
0.28
0.36

95.3
(561.6)3388
0.19-1060.4(2260.7)
3388
0.19

Panel C: Some SE but no manufacturing during baseline (N=160)
Treated-643.5-1248.5
138.1-1386.5(4428.0)(3041.1)(1422.0)(2720.6)
Observations
1979
1979
1979
1979
R-squared
0.21
0.21
0.45
0.21

427.5
(690.3)1979
0.11

Panel D: No SE during baseline (N=364)
Treated1292.5237.6(2510.3)(1676.2)
Observations
4688
4688
R-squared
0.22
0.30

-86.3
(702.9)4688
0.18

VARIABLES
TreatedObservations
R-squared

HouseholdIncome2634.9(1842.6)
9172
0.24

(2)

623.9
(1399.6)4688
0.25-386.2(1125.0)
4688
0.44

(7)

Uses of income
(8)
(9)

(10)

Total savings
865.3(650.1)9172
0.22

Transfers to
outsidehousehold-92.5(129.7)
9172
0.072

Loan
payments
804.7*(425.5)
9172
0.14

0.25
(2017.3)
3388
0.21

1732.9(1226.9)3388
0.24-211.3(259.4)3388
0.064

1547.0**(630.9)
3388
0.12

177.1
(2962.0)1979
0.16-373.9(3598.0)1979
0.15-136.3(1067.0)1979
0.19-276.4(199.8)
1979
0.19

473.5
(719.0)1979
0.17

1138.1(1802.5)
4688
0.13

794.4
(1710.8)
4688
0.16

297.3
(1287.5)
4688
0.22

104.6
(157.0)
4688
0.13

288.8
(593.1)4688
0.15

Notes: This table reports on the effect of treatment on financial outcomes. All regressions use data across survey rounds 2 - 18, and outcomes are not Winsorized. Panel A
uses the full sample of respondents in the study, Panel B uses all respondents who ever reported being self-employed in a manufacturing business in the five baseline rounds,
Panel C uses all respondents who ever reported being self-employed in the five baseline rounds but not in a manufacturing business, and Panel D uses all respondents who
never reported being self-employed in the five baseline rounds. Standard errors clustered at the zone (treatment unit) and survey wave level using the method of Cameron,Gelbach, and Miller (2011) are reported in parentheses. The unit of observation is the individual/month and the reported coefficients correspond to dummy variables equal to
one for individuals offered weekly home visits from National Savings Bank deposit collectors in the months indicated. All columns in the table use survey data, and outcomesare monthly flows for the variables indicated. Data include four months of pre-treatment data and 13 treated months. Regressions pool samples surveyed monthly andsamples surveyed quarterly. * significant at 10%; ** significant at 5%; *** significant at 1%29