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Microfinance Will Not End Poverty, Microfinance Institutions Will

9 hours ago ago from Kiva Stories from the Field

Inspired by Nicholas Kristof’s latest blog post: The Role of Microfinance Microfinance is “the most visible innovation in anti-poverty policy in the last half century.” Because of this, many have put such high expectations on the effects of microfinance and the pace at which it can have an impact on ending poverty. Some have even called it the panacea for poverty. The truth is, microfinance alone cannot end poverty and anyone who is ...

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