I combined everything on the exposure off cosigners and on borrowers‘ payment results. Once we currently noticed, there cannot seem to be one strong correlation between the a few strategies, due to the fact a few sandwich-samples of cosigned and you will non-cosigned funds tell you no difference in the common quantity of non-payments (Dining table step 1). However, diminished relationship will be due to various forms of choice and you may endogeneity (select Sect. cuatro.step 1 having information).

For almost every other characteristics, summation analytics in Desk dos reveal that 81.step one % of the individuals has actually a stable performing updates (secure _work). As well, i think repaired-consequences regarding the sort of company conducted by the consumers. An in depth report about brand new borrowers‘ employment markets suggests that most ones (1096) either work with private care attributes (primarily since the housemaids and you will taking good care of the elderly) otherwise is workmen (627), whenever you are 260 state they do an independent passion once the notice-operating. In less percentages, producers, vehicle operators, shopkeepers, craftsmen, doctors and you may nurses, accountants, waiters, instructors, and students are also incorporated. From this perspective, area of the difference in borrowers having and you may without cosigner is the fact the former category is sold with a somewhat highest share out-of notice-working workers.