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The Promise of Microfinance Explained by Ayushi Chauhan is a document available to read on EtoBox.

What is The Promise of Microfinance Explained about?

The document discusses the potential of microfinance as a tool for alleviating poverty, highlighting its innovative practices like group-lending and the focus on serving underserved populations. Despite high repayment rates and growing interest, the author cautions that many programs still rely on subsidies and lack solid evidence of their social impact. The paper calls for more rigorous evaluations and a return to experimentation in order to fully realize the promise of microfinance.

Author

Ayushi Chauhan

Language

EN