Condition category
Mental and Behavioural Disorders
Date applied
13/06/2008
Date assigned
24/06/2008
Last edited
24/06/2008
Prospective/Retrospective
Retrospectively registered
Overall trial status
Completed
Recruitment status
No longer recruiting

Plain English Summary

Not provided at time of registration

Trial website

Contact information

Type

Scientific

Primary contact

Ms Rita Hamad

ORCID ID

Contact details

c/o UCB-UCSF Joint Medical Program
570 University Hall #1190
Berkeley
CA
94720
United States of America

Additional identifiers

EudraCT number

ClinicalTrials.gov number

NCT00700349

Protocol/serial number

N/A

Study information

Scientific title

Evaluation of impacts of access to credit and loan size for Microcredit clients in South Africa

Acronym

Study hypothesis

If small loans help to increase income, this could alleviate depression and stress among borrowers, particularly for women who experience increases in social and economic status. On the other hand, coping with debt and business pressure may lead to poor mental health, particularly for women who remain obligated to carrying out household work as well. Thus, in theory the sign of the effect of small loans on mental health outcomes is ambiguous.

Ethics approval

Princeton University Institutional Review Panel. Date of approval: 14/01/2004 (ref: HSP B.399)

Study design

Randomised controlled trial

Primary study design

Interventional

Secondary study design

Randomised controlled trial

Trial setting

Other

Trial type

Not Specified

Patient information sheet

Condition

Mental health

Intervention

This is a randomised study conducted within several cities in South Africa.

The collaborating organisation is a micro-lender in South Africa. Participants in this study were those who were initially rejected by the organisation. They were then randomised to one of two arms:
1. Not receiving a loan
2. Being re-considered for a "second look." Of those in the second arm, 53% were then selected to receive a standard loan for first-time borrowers. Accepted applicants were offered an interest rate, loan size, and maturity per the lender's standard underwriting criteria, involving a 4-month maturity at 11.75% per month, charged on the original balance (200% annual percentage rate).

All data were collected at only one timepoint, approximately 6-12 months after subjects first applied for their loan and were randomised to one of the two study arms. Data were collected from March to November 2005.

Intervention type

Other

Phase

Not Specified

Drug names

Primary outcome measures

1. Depressive symptoms, measured using the Center for Epidemiologic Studies Depression Scale (CES-D), a 20-item questionnaire (0 = no risk, 60 = highest risk)
2. Perceived stress, measured using the Cohen's Perceived Stress Scale (PSS), a 10-item questionnaire (0 = no stress, 40 = high stress)

Timepoints of data collection: see Interventions

Secondary outcome measures

Household income, measured by a variety of questions that asked about all sources of income obtained by all members of the applicant's household.

Timepoints of data collection: see Interventions

Overall trial start date

01/09/2004

Overall trial end date

30/11/2004

Reason abandoned

Eligibility

Participant inclusion criteria

1. Individuals (both men and women) who had applied to a micro-lender organisation and were initially rejected for non-fraudulent or non-overindebtness reasons.
2. Above 18 years old

Participant type

Patient

Age group

Adult

Gender

Both

Target number of participants

Approximately 3,000

Participant exclusion criteria

None

Recruitment start date

01/09/2004

Recruitment end date

30/11/2004

Locations

Countries of recruitment

South Africa

Trial participating centre

c/o UCB-UCSF Joint Medical Program
Berkeley, CA
94720
United States of America

Sponsor information

Organisation

Innovations for Poverty Action (USA)

Sponsor details

c/o Dr Dean Karlan
77 Prospect Street
Room A105
New Haven
CT
06511
United States of America

Sponsor type

Other

Website

http://www.poverty-action.org/index.php

Funders

Funder type

Government

Funder name

Broadening Access and Strengthening Input Market Systems (BASIS)/USAID (Collaborative Research Support Program [CRSP])(USA)

Alternative name(s)

Funding Body Type

Funding Body Subtype

Location

Funder name

US National Science Foundation (ref: SES-0424067)

Alternative name(s)

Funding Body Type

Funding Body Subtype

Location

Funder name

US National Science Foundation CAREER (ref: SES-05478984)

Alternative name(s)

Funding Body Type

Funding Body Subtype

Location

Funder name

Bill and Melinda Gates Foundation through the Financial Access Initiative (USA)

Alternative name(s)

Funding Body Type

Funding Body Subtype

Location

Funder name

Princeton University Center for Migration (USA)

Alternative name(s)

Funding Body Type

Funding Body Subtype

Location

Funder name

Social Science Research Council, Program in Applied Economics (USA)

Alternative name(s)

Funding Body Type

Funding Body Subtype

Location

Funder name

Federal Reserve Bank of New York (USA)

Alternative name(s)

Funding Body Type

Funding Body Subtype

Location

Results and Publications

Publication and dissemination plan

Not provided at time of registration

Intention to publish date

Participant level data

Not provided at time of registration

Results - basic reporting

Publication summary

Publication citations

Additional files

Editorial Notes