Microcredit in El Salvador

Financing the Developing World

A big recent study called Portfolios of the Poor: How the World´s Poor Live on $2 a Day has been making a lot of waves with its insights into how the developing world manages its finances. This is a really interesting and short brief about some of its conclusions, including a lot of surprising ideas about the improtance of cash flow and prevalence of financial access.

Here´s also a blog post by its authors about the basics of microfinance, and the original posting of the study on Kiva.org.

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