Existing evidence shows that programs that provide grants to productive assets along with training to very poor women increase labor supply, earnings, and consumption. In contrast, evidence on the effect of microcredit on these outcomes is mixed. In this paper, we examine the effect of a hybrid of the two approaches—credit and grant—on the livelihoods of the ultra-poor in Bangladesh. A randomized evaluation of the hybrid intervention shows that it increases labor supply of working-age women, household income, productive assets, savings, and consumption expenditures. The benefit–cost ratio of the intervention is estimated to be 8.47.

中文翻译：

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对抗极端贫困的良好组合？来自孟加拉国随机对照试验 (RCT) 的证据

现有证据表明，为生产性资产提供赠款并为非常贫困的妇女提供培训的计划增加了劳动力供应、收入和消费。相比之下，关于小额信贷对这些结果的影响的证据喜忧参半。在本文中，我们研究了信贷和赠款这两种方法的混合对孟加拉国超贫困人口生计的影响。对混合干预的随机评估表明，它增加了工作年龄妇女的劳动力供给、家庭收入、生产性资产、储蓄和消费支出。干预的收益成本比估计为 8.47。