FLEXIBLE REPAYMENTS MICROEQUITY INSTRUMENTS IN GHANA: A PILOT STUDY

Last registered on July 11, 2025
View Trial History

Pre-Trial

Trial Information

General Information

Title
FLEXIBLE REPAYMENTS MICROEQUITY INSTRUMENTS IN GHANA: A PILOT STUDY
RCT ID
AEARCTR-0016368
Initial registration date
July 10, 2025

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
July 11, 2025, 6:21 AM EDT

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

Locations

Country
Ghana
Region
Central and Western Regions of Ghana

Primary Investigator

Name
Sampson Senahey
Affiliation
IE University
Contact Primary Investigator

Other Primary Investigator(s)

PI Name
Marco Trombetta
PI Affiliation
IE University
Contact Investigator

Additional Trial Information

Status
On going
Start date
2024-09-24
End date
2026-01-30
Keywords
Finance & Microfinance
Additional Keywords
Contracts, Flexible and Rigid Repayment
JEL code(s)
Secondary IDs
Prior work
This trial does not extend or rely on any prior RCTs.
Abstract
This study investigates whether flexible repayments microequity products are viable tools for small scale local MFIs to select and promote the growth of high-risk high-return micro entrepreneurial projects?
External Link(s)

Registration Citation

Citation
Senahey, Sampson and Marco Trombetta. 2025. "FLEXIBLE REPAYMENTS MICROEQUITY INSTRUMENTS IN GHANA: A PILOT STUDY." AEA RCT Registry. July 11. https://doi.org/10.1257/rct.16368-1.0
Sponsors & Partners
Experimental Details

Interventions

Intervention(s)
Two contract are offered :

Flexible contracts(the treatment group); 6 months with the option of extending to between 8-12 months
Rigid Contracts( Control group) ; 6 months fixed with no option to extend
Intervention (Hidden)
Flexible contracts(the treatment group); 6 months with the option of extending to between 8-12 months
Rigid Contracts( Control group) ; 6 months fixed with no option to extend
Intervention Start Date
2025-03-03
Intervention End Date
2026-01-30

Primary Outcomes

Primary Outcomes (end points)
We want to study whether there would be a difference between the two groups along a number of key variables of interest including , the magnitude of investment, Household Income, Household consumption etc
Primary Outcomes (explanation)

Secondary Outcomes

Secondary Outcomes (end points)
Secondary Outcomes (explanation)

Experimental Design

Experimental Design
Randomisation;
1. Interested clients of our local partner FNGO were invited to a baseline workshop
2. They completed a baseline survey and participated in behavioural games
A simple public randomisation process was used .We had small pieces of papers with number 1 and 2 written on them ,with 1 signifying the Rigid contract and 2 means Flexible contract.

Experimental Design Details
Randomization Method
Public lottery
Randomization Unit
Unit of randomization is individual.
Was the treatment clustered?
Yes

Experiment Characteristics

Sample size: planned number of clusters
10
Sample size: planned number of observations
960
Sample size (or number of clusters) by treatment arms
20 Clients (Treatment) , 20 Clients (Control)
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
Supporting Documents and Materials
IRB

Institutional Review Boards (IRBs)

IRB Name
IE RESEARCH COMMITTEE-IE UNIVERSITY
IRB Approval Date
2024-04-30
IRB Approval Number
IERC-33/2023-2024
Analysis Plan

Post-Trial

Post Trial Information

Study Withdrawal

There is information in this trial unavailable to the public. Use the button below to request access.

Request Information

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