2min chapter

VoxDev Development Economics cover image

S6 Ep4: What have we learned about microfinance?

VoxDev Development Economics

CHAPTER

The Evolution of Microfinance: From Historical Roots to Global Practices

This chapter explores the historical origins of microfinance, beginning with Jonathan Swift's initiatives in the 17th century Ireland and evolving through to figures like Benjamin Franklin. It highlights how these early examples shaped modern microfinance principles and its significance in global poverty alleviation and community development.

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