Development and Global Health

Is Microfinance a Sustainable Solution to Poverty?

July 16, 2016 Development and Global Health

Microfinance is based on the idea that people can be lifted out of poverty through the help of microloans. It has become a key part of the global development strategy, as a bottom-up poverty alleviation tool. But despite its wide popularity, various studies have shown that its effects have generally been far from beneficial to the poor.

Ana Maria Tabacaru