Variables

Coeff.

Robust. Standard Error

P>|Z|

Coeff.

Robust.

Standard

Error

P>|Z|

Tier1 (Access to credit)

Tier 2 (Amount of credit)

Age

0.0468

0.0379

0.217

0.0344**

0.0151

0.023

Sex

1.1765***

0.2508

0.000

−0.1645

0.1202

0.171

Marital status

0.1756

0.1784

0.325

0.0682

0.0752

0.364

Education level

0.5415***

0.1581

0.001

0.0736

0.0714

0.303

Enterprise size

0.3555***

0.1353

0.009

−0.0785

0.0637

0.218

Record keeping

−0.1549

0.2553

0.544

−0.1377

0.1011

0.173

Access training

0.7123***

0.2422

0.003

0.0562

0.0984

0.568

Availability of collateral

0.9149***

0.2756

0.001

0.2139*

0.1239

0.084

Repayment period

−0.1116

0.1178

0.344

0.7216***

0.0473

0.000

Group membership

1.5110***

0.2223

0.000

−0.0152

0.1497

0.919

Previous default

−0.3372

0.2235

0.131

0.0384

0.1151

0.739

Constant

−6.1906***

1.3528

0.000

7.0481

0.6078

0.000

Sigma

Constant

0.4713

0.0478

0.000

Number of observations

243

Wald chi² (11)

106.17

Prob > chi²

0.000

Log psudolikelihood

−132.2783