When microfinance meets education…
by Meritxell Martinez: Tuesday, December 1, 2009
According to a very much debated research paper, access to microcredit might have little impact on increasing the amount of money that borrowers spend on educating their kids. Those Indian slum dwellers who got credits and those who didn’t spent about the same on tuition, schools fees, or uniforms. Note though, that the authors warn that a period of 14-18 months, the period of the study, might be too short to see an impact in the form of increased investment and use of educational services.
