Fighting poverty with microcredit

the long version

"Providing microcredit to the poor has become an important antipoverty scheme in many countries. Microcredit helps the poor become self-employed and thus generates income and reduces poverty." "Are these programs cost-effective? This book addresses the question, drawing on the experiences of the well-known microcredit programs of Bangladesh's Grameen Bank, the Rural Development-12 project, and the Bangladesh Rural Advancement Committee. It examines the cost-effectiveness of microcredit programs vis-a-vis other antipoverty programs, such as Food-for-Work."--Jacket.