BlogArena

General blog about anything and everything of everyday's life.

20. Jul 2019

May 16, 2013
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Study of microcredit finds generally positive, but not transformative, impacts

Microcredit generally benefits borrowers, according to new research focused on Mexico’s biggest for-profit microlender — but it’s not lifting people out of poverty. In a multi-year, randomized evaluation of microloans provided by Compartamos Banco, Yale University economist Dean Karlan, with … Continue reading

June 12, 2011
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The Downside — and Surprising Upside — of Microcredit

Microcredit, which involves giving small loans to very small businesses in an effort to promote entrepreneurship, has been widely touted as a way to reduce poverty and stimulate economic growth. A multitude of both non- and for-profit institutions are spending … Continue reading