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4 people think this is good

  • Sam Shah
  • Alyssa Harben
  • Hannah Wasserman
  • Annalee Shelton

Putting Microlending to the Test

Hannah Wasserman

A new study has found that while there is no clear correlation between microloans and families getting out of poverty, there are several other benefits. This is true of both nonprofit and high interest for profit loans. Basically, it was found that loans empowered female borrowers and boosted confidence. In addition, few were significantly worse off after getting loans. So what do you think? Still feeling uneasy about the power of microlending?

Continue to economist.com

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4 people think this is good

  • Sam Shah
  • Alyssa Harben
  • Hannah Wasserman
  • Annalee Shelton

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