Published this week: the latest VoxDevLit covers microfinance. After many decades,
microfinance is pervasive and popular in developing countries but is often
controversial. What have we learned about what works, how it works, and who it
helps – and what is there still to understand? Authors Simon Quinn, Muhammad
Meki, and Jing Cai talk to Tim Phillips about the problems of evaluation, the
surprising uses to which microfinance has been put, and the lessons that
policymakers can learn from the story of microfinance so far.