Knowledge Exchange Reevaluating What We Know About the Impact of Microfinance

A recent review of six studies on the impact of microfinance by economists at the University of Connecticut has determined that prior claims that these studies discredited the impact of microfinance were themselves unfounded. Instead, when the studies are aggregated to achieve greater power, the data suggests the possibility of the impact of microfinance being moderately positive for business profit and durable consumption outcomes. (Summary, Policy Note, and Full Report available for download.)