Microfinance, Poverty and Education
This study uses a randomized trial to access the efficacy of a microcredit programme in Bosnia. The select group given out loans consisted of people considered too risky by the well known, established MFIs. The study led to a number of insights, into how no increase in profits or household income was noticed, and how an increase in school drop out rates was noted. Read more here, and read the report here.
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