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Does microcredit really help poor people? (English)

Ever since microcredit first began to capture public attention 25 years ago, the usual story line has been that it is a tool of extraordinary power to lift poor people-especially women-out of poverty, by funding their microenterprises and raising their incomes. This picture has been buttressed by hundreds of inspiring stories of micro entrepreneurs who used tiny loans to start or expand their businesses, and experienced remarkable gains not only in...
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Rosenberg,Richard.

Does microcredit really help poor people? (English). CGAP focus note ; no. 59 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/583741468155125944

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