1 “.... Individuals were encouraged to open an account and transact at a banking agent or a branch of a financial...”

2 “...This paper uses a unique data set with 1.1 million customer transactions from a microfinance...”

3 “...The paper provides evidence on the number and volume of financial transactions undertaken by agents...”

4 “... of transacting with agents, especially with respect to depositing, withdrawing, and transferring funds. Agent...”

5 “... in the sample but also face particularly high transaction costs, in part due to small transaction sizes...”