Since its inception in the 1970s, modern microfinance has emerged as a strategy to reduce vulnerability of the poor and promote microenterprise. This work proposes that microfinance plays an additional role: a tool for reconstructing financial services in post-conflict communities. The Democratic Republic of Congo (DRC)s financial services system was greatly disrupted by years of conflicts that ended in 2003. In the post-conflict DRC, the provision of financial services has shown improvement, and an important share of this improvement can be attributed to microfinance. The central question...
Since its inception in the 1970s, modern microfinance has emerged as a strategy to reduce vulnerability of the poor and promote microenterprise. This ...