Microloans repaid, but with micro-impact on quality of life

Social Edge Blog has a candid discussion on the lack of success in the Micro-loan world, led by innovators such as Kiva. Microloans are supposed to promote entrepreneurs lifting themselves out of poverty through access to capital. Success over the years has been measured in loans repaid, but there is paltry evidence that the people’s lives actually improve after repayment.

Excerpt:

“There are undoubtedly numerous success stories. But what I saw in the field in both Cambodia and Mozambique left much to be desired.” -Social Edge blogger

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