Articles on microcredit
Displaying all articles
In different parts of the world, managing debt on a day-to-day basis is a real job, and one that is mainly taken on by women.
Before the pandemic, only a fraction of students made use of the wide range of curricular and extracurricular experiential learning opportunities, but through online engagement that can change.
After 1994 the microcredit movement helped plunge large numbers of black South Africans into heavy debt and poverty while enriching a few white elites who provided the loans.
Microcredit, which was viewed as a perfect market-affirming solution to poverty in developing countries, has collapsed. In 30 years it’s gone from Zorro to Zombie.
A strong case needs to be made for the survival of community-based financial organisations. While not perfect, the sense of ownership is high.
There is no one perfect package for alleviating poverty, but there is agreement on what the elements should be. Combination and sequence of interventions varies, depending on context and beneficiaries.





