In an insightful article published on Devex on February 18, 2015 Paul DiLeo, Paul Polak and Mal Warwick query, “What has microfinance achieved for the world’s poor?” The article analyzes a number of questions about microfinance” “What has all this money bought for so many people? Has the incidence of poverty measurably declined? Can it be said that these hundreds of millions of individuals and their families have lifted themselves out of poverty on the basis of the microloans they have received?”
You may read the article on the Devex internet site.