Research on microcredit is now two decades old. There has been enormous progress in
understanding both what microcredit does and how. Yet a lot of what we have learned has …

This paper conducts a scientometric analysis and systematic literature review to identify the
trends in microfinance outcomes from the perspective of their recipients, specifically more …

Purpose The purpose of this paper is to assess the dynamic impact of financial inclusion on
economic growth for a large number of developed and developing countries …

The promise of randomized controlled trials is that evidence gathered through the evaluation
of a specific program helps us—possibly after several rounds of fine-tuning and multiple …

Using several recently available global datasets, this Staff Discussion Note examines
macroeconomic effects of financial inclusion. It finds significant benefits to economic growth …

This paper reports results from the randomized evaluation of a group-lending microcredit
program in Hyderabad, India. A lender worked in 52 randomly selected neighborhoods …

We use data from a randomized controlled trial conducted in 2003–2006 in rural Amhara
and Oromiya (Ethiopia) to study the impacts of increasing access to microfinance on a …

The world's poor--and programs to raise their incomes--are increasingly concentrated in
fragile states. We review the evidence on what interventions work, and whether stimulating …

Can microcredit help unlock a poverty trap for some people by putting their businesses on a
different trajectory? Could the small microcredit treatment effects often found for the average …

We show that extremely poor, war-affected women in northern Uganda have high returns to
a package of $150 cash, five days of business skills training, and ongoing supervision …