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11min chapter
S6 Ep4: What have we learned about microfinance?
VoxDev Development Economics
Evaluating Microfinance: Challenges and Innovations
This chapter examines the complexities and challenges of assessing the impact of microfinance, particularly the issue of selection bias among borrowers and lenders. It discusses recent methodologies that enhance understanding, such as randomized evaluations and unique case studies in India, while also outlining the growth and diversification of microfinance services in response to critiques. The narrative explores varying outcomes regarding poverty alleviation and women's empowerment, revealing a landscape that is both promising and nuanced.
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