Researchers: Microcredit Works in Ways Proponents Don't Expect (IMAGE)

U.S. National Science Foundation

Researchers: Microcredit Works in Ways Proponents Don't Expect

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Vendors like these in this market in the Philippines can apply for and receive small loans of $100 to $500 dollars. This microcredit is designed to help extremely poor people engage in successful entrepreneurship and improve their quality of life. But new research says microcredit works in ways proponents don't expect.

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Innovations for Poverty Action

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