Eradicating extreme poverty and hunger has been a goal for many governmental and non-governmental organizations. Microfinance has emerged as a popular poverty alleviation strategy to meet the goal. However, microfinance has also been challenged especially in reaching the poorest who need the basic financial services such as savings and credit the most. This study analyzes the data from the Saving for Change program of Oxfam American in Mali. Saving for Change uses savings-led educational approach to microfinance. It does not provide any money to the groups or their members. The groups collect...
Eradicating extreme poverty and hunger has been a goal for many governmental and non-governmental organizations. Microfinance has emerged as a popular...