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Fostering financial literacy and behavior: Experimental evidence on financial education among small scale retailers in rural Uganda

Last registered on October 10, 2015

Pre-Trial

Trial Information

General Information

Title
Fostering financial literacy in rural Uganda: Experimental evidence on financial education among small scale retailers
RCT ID
AEARCTR-0000906
Initial registration date
October 10, 2015

Initial registration date is when the trial was registered.

It corresponds to when the registration was submitted to the Registry to be reviewed for publication.

First published
October 10, 2015, 8:20 AM EDT

First published corresponds to when the trial was first made public on the Registry after being reviewed.

Locations

Region

Primary Investigator

Affiliation
University of Koblenz-Landau

Other Primary Investigator(s)

PI Affiliation
DIW Berlin
PI Affiliation
DIW Berlin

Additional Trial Information

Status
On going
Start date
2015-10-01
End date
2016-12-31
Secondary IDs
Abstract
This cluster-RCT evaluates the comparative effectiveness of two financial literacy trainings offered to small-scale retailers in the Rwenzori-region.
External Link(s)

Registration Citation

Citation
Kaiser, Tim, Katharina Lehmann-Uschner and Lukas Menkhoff. 2015. "Fostering financial literacy in rural Uganda: Experimental evidence on financial education among small scale retailers." AEA RCT Registry. October 10. https://doi.org/10.1257/rct.906-1.0
Former Citation
Kaiser, Tim, Katharina Lehmann-Uschner and Lukas Menkhoff. 2015. "Fostering financial literacy in rural Uganda: Experimental evidence on financial education among small scale retailers." AEA RCT Registry. October 10. https://www.socialscienceregistry.org/trials/906/history/5563
Sponsors & Partners

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Experimental Details

Interventions

Intervention(s)
Two different financial education modules.
Intervention Start Date
2015-10-02
Intervention End Date
2015-12-13

Primary Outcomes

Primary Outcomes (end points)
Financial Literacy, Financial Behavior (Saving, Borrowing, Record Keeping, etc.)
Primary Outcomes (explanation)

Secondary Outcomes

Secondary Outcomes (end points)
Secondary Outcomes (explanation)

Experimental Design

Experimental Design
Cluster-RCT at the market-level with up to two follow ups after baseline.
Experimental Design Details
Randomization Method
Unconditional randomization of clusters into treatments and control via Stata.
Randomization Unit
Regular and permanent markets (agricultural, clothing etc.) in the Rwenzori region.
Was the treatment clustered?
Yes

Experiment Characteristics

Sample size: planned number of clusters
84 markets
Sample size: planned number of observations
around 1300 market vendors
Sample size (or number of clusters) by treatment arms
28 markets
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
Cohens` d between 0.15 and 0.25 (financial behavior).
IRB

Institutional Review Boards (IRBs)

IRB Name
IRB Approval Date
IRB Approval Number

Post-Trial

Post Trial Information

Study Withdrawal

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Intervention

Is the intervention completed?
No
Data Collection Complete
Data Publication

Data Publication

Is public data available?
No

Program Files

Program Files
Reports, Papers & Other Materials

Relevant Paper(s)

Reports & Other Materials