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About Pyramid?: Microfinance: Fortune at or Also For The Bottom of The
This document discusses microfinance and its potential role in alleviating poverty. It begins by providing background on traditional foreign aid approaches and their limitations. It then discusses microfinance as an alternative approach, originating from Muhammad Yunus and the Grameen Bank, that provides small loans to low-income individuals without collateral. The document evaluates evidence that microfinance can positively impact poverty by increasing access to credit, supporting entrepreneurship, smoothing consumption, and empowering individuals to generate income. However, the scale of impact and ability to alleviate poverty remains debated.
Detailed Information
| Author: | ['Anonymous XZ376GGm'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 13 |
| Language: | English |
| Format: | |
| Price: | FREE |
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