Over the years, state led top-down models have yielded little results hence the presumption that bottom-up people centered strategies microcredit would help the poor out of poverty. This is the thinking among feminist theories that empowerment could be a key in achieving the millennium goals. The book uses credit investment model to explain how microcredit could help transform the vicious cycle of poverty into a virtuous cycle. The question is; has microcredit really transform beneficiaries lives over the years? Impact assessment studies over the years challenge normative debate that has come...
Over the years, state led top-down models have yielded little results hence the presumption that bottom-up people centered strategies microcredit woul...
