Why microfinance as aid isn't enough to empower women

Giving small loans to people for small household purchases or to invest in businesses has been an integral part of Australian, American and other aid programs for decades. This is called "microfinance", and the aim is not ...

Yes, microlending reduces extreme poverty

A small boost in microlending to the developing world could lift more than 10.5 million people out of extreme poverty. That's one conclusion of my study, published last month in The B.E. Journal of Macroeconomics, which found ...

Has microfinance lost its moral compass?

The industry that provides financial services for people on low-incomes and without access to traditional banking services is morally reprehensible according to new research from The University of Manchester.

Microfinance programs: Benefits not clear-cut, study shows

(Phys.org) -- Large-scale microfinance programs are widely used as a tool to fight poverty in developing countries, but a recent study by University of Notre Dame Economics Professor Joseph Kaboski and MIT colleague Robert ...