Sam Daley-Harris Discusses the Usefulness of Microcredit, and Debunks Some Critics


In a recent interview with Economic Times, Sam Daley-Harris, director of the Microcredit Summit Campaign, talks about the success of microfinance as a tool for poverty reduction and responds to the criticism that microfinance is slow and inefficient as a development project. Sam uses examples to highlight the importance of microfinance, noting that, “Singled out, microfinance is the most cost-effective way of addressing poverty.”

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