The next impact test for microfinance
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Nice article today by Kristof in the New York Times. It highlights an IPA project by Dupas and Robinson, which we are now working to replicate on a much larger scale in four locations, and also discusses at length the savings-led-microfinance, which IPA is busy evaluating also in four locations (Mali, Ghana, Uganda and Malawi). Needless to say, I couldn't agree more that savings-led approaches hold a lot of promise. Of course, that is in theory, and now we need to see the data to find out the answer. Stay tuned (patiently please!).
December 31, 2009