Sunday, November 1, 2009

Quick update...

The August 2nd, 2008 blogf entry, 'Microfinance/credit' put in a plug for this practice... Unfortunately, and somewhat counter-intuitively, to date studies have not shown that microcredit helps to alleviate poverty, or that it particularly empowers and helps women... See the article "Small change: Billions of dollars and a Nobel Prize later, it looks like ‘microlending’ doesn’t actually do much to fight poverty."

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