Table 10 Probit model addressing potential endogeneity (unmatched samples)

AGE

 − 0.02

(0.19)

 − 0.01

(0.01)

EXPEREIENCE

0.04**

(0.02)

0.01

(0.01)

EDUCYEAR

0.05

(0.04)

0.05**

(0.02)

REPEAT

0.20

(0.24)

0.07

(0.16)

FEMLABSHR

 − 0.08

(0.12)

0.10

(0.06)

FEMAS

0.76**

(0.32)

0.18

(0.21)

AKWA-IBOM

 − 0.64

(0.56)

 − 1.55***

(0.37)

ONDO

 − 0.19

(0.20)

MOBILE

 − 0.60**

(0.26)

EXTENSION

 − 0.47

(0.40)

CREDIT

 − 0.69*

(0.40)

CUSTOMERS

0.01

(0.08)

 − 0.07

(0.05)

SHOCK

 − 0.12

(0.30)

0.80***

(0.20)

TAROAD

0.28

(0.43)

0.65**

(0.30)

LEADER

0.48

(0.38)

 − 0.33

(0.27)

COOP

0.63*

(0.42)

0.70***

(0.25)

UsefulExtension

4.30**

(1.59)

Creditworthiness

 − 0.71***

(0.18)

Constant

 − 3.00***

(0.86)

 − 0.65

(0.54)

Log-likelihood

 − 49.59

154.86

LR chi2(14 and 16)

43.03

77.68

Number of obs

353

353