S5 Ep18: The limits of microfinance
VoxTalks Economics
00:00
Can Micro Finance Help You Escape This Poverty Trap?
Each year, about a hundred and forty million people borrow from micro finance initiatives. About two thirds of them live in rural areas. Year over year growth of these programms is about ten % a year. We find that although maybe not being transformational in terms of raising consumption or savings, can move people into better jobs.
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