... activities for specific types of borrowers. The urban microcredit program in India may not increase the overall income, but increases expenses on durable goods (Banerjee et al., 2015). Rural credit Heckit procedure Income poverty Multidimensional poverty Tobit selection equation Thus...

... for selection and survivorship biases, it is impossible with the available data to assess which non-income factors explain the findings, and therefore this limitation is left to future research. Originality/value The study contributes to the literature of rural credit by assessing the probable differences...