The limits of microfinancing
Microfinance has helped millions of the world's poor build better lives. But can it help the world's poorest people, who spend most of their lives growing food to feed their families, to diversify into other jobs? Jack Thiemel tells Tim Phillips about the impact of one of these projects (with Oriana Bandiera, Robin Burgess, Erika Deserranno, Ricardo Morel, Imran Rasul, and Munshi Sulaiman), and what it tells us about the best ways to help the ultra-poor.Read more...