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Weekly Roundup – Is Microcredit Lost in ‘Transformation’?
The Abdul Latif Jameel Poverty Action Lab and Innovations for Poverty Action have published six randomized evaluations of microcredit across six different countries. They conclude that “short-term loans generally do not lead to increased income, investments in children’s schooling, or substantial gains in women’s empowerment for poor borrowers.” We discuss what this might mean for microcredit going forward.
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