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Making Microcredit Charities Better

Dyan Machan

June 17, 2017 |

Barron's |

Text |

800-1500 Words

Response Location: Ghana, Pokuase

Microfinance was widely lauded for decades as a surefire and promising way to break the cycle of poverty and uplift the economies of the developing world, especially when targeted for women. But hard data has shown that, on its own, micro-loans don't serve to create sustainable change without a comprehensive approach, and that there are many other factors - such as education and healthcare - to consider when leveraging these tools.

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