In this concluding excerpt, Morduch and Labie discuss the continuing relevance of microfinance, and re-assess an influential paper authored by Morduch in 1999 called “The Microfinance Promise.” While much has changed since the paper came out, Morduch says he’d keep the title— “The sector can count incredible successes, but the biggest economic and social ambitions remain as promises.”
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Micro-financing Women’s Empowerment and Rural Development: Developing Worlds Interview Part 3
Morduch and Labie take a look back at two of the original goals of the microfinance movement—empowering women, and bolstering rural development—and discuss the evidence on how well interventions have achieved those aims.
Read MoreThe Evolution of Microfinance: Developing Worlds Interview Part 1
In a recent interview for the journal Mondes en Développement Jonathan Morduch looked back at what we’ve learned about microfinance and financial inclusion in the past decades, and shares how he thinks those lessons can shape future policies to help poor families better manage their money.
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Editor’s Note: I’m going to assume that you are seeing plenty of AI content (news and papers, not AI slop, though I’m sure you’re getting plenty of that too) from other sources, so I’m trying to think hard about the marginal value that the faiV can provide. As far as I’ve gotten so far: a) make sure that directly AI-related content does not take up more than 2 of the 5 items, and b) try to focus specifically on the cybersecurity issue for financial inclusion. Beyond that, I’m open to feedback on the value you get from the faiV in relation to AI to help guide us in the future. On a different note, I’ll be making a brief cameo appearance at the e-MFP Inclusive Finance Conference to moderate the opening plenary. If you haven’t registered, do so and I hope to see you there! - Tim Ogden