In addition to business market and you may function of the mortgage, there are many issue affecting repayment results

I combined everything on the presence of cosigners and on borrowers’ cost results. Even as we already seen, indeed there doesn’t appear to be people strong relationship amongst the several procedures, because one or two sandwich-samples of cosigned and low-cosigned fund let you know no difference in the average number of non-payments (Desk 1). not, insufficient relationship could well be due to variations of selection and you may endogeneity (discover Sect. cuatro.step 1 to have info).

In terms of most other services, summation analytics into the Dining table dos reveal that 81.step one % of your own individuals has actually a stable operating status (steady _work). Additionally, we envision fixed-effects associated with the sort of organization presented of the individuals. An in depth post on new borrowers’ job business shows that extremely of those (1096) often operate in personal proper care properties (mostly given that housemaids and handling seniors) otherwise is workmen (627), while 260 declare it create another pastime as the notice-functioning.