We at IPA have recently been delving into the world of online advertising to help us spread the gospel of rigorous impact research. Being who we are, we could not resist this opportunity to run a field experiment. We designed one that would help us optimize our advertising strategy while also settling an important score: which academic institution's rep pulls the most weight in cyberspace? Our ad was simple:
Poverty Research
Breakthroughs to Fight Poverty
This month Frances Sinha is writing about lessons from her important new book, Microfinance Self-Help Groups in India: Living Up to Their Promise. This post introduces the book.
The number of people getting financial services through self-help groups (SHGs) in India is staggering. The most recent figure I've seen counts over 40 million customers. The number is enormous - perhaps a quarter of all microfinance customers worldwide. Given the number is so big, you'd imagine that SHG experts would give the leading keynote addresses at international conferences. You'd think
Stuart Rutherford is the author of The Poor and Their Money, and founder of SafeSave, a microfinance institution in Bangladesh.
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3/19: Financial architect finds out how the poor live on $2 a day http://bit.ly/a7bUfq #microfinance
The Indian edition of the ground-breaking new book, Portfolios of the Poor: How the World's Poor Live on $2 a Day is now available in bookstores and online. Co-author Stuart Rutherford spoke on the book at the annual Sa-Dhan conference in Delhi.
In October, David Roodman hit a nerve when he drew attention to the fact that Kiva’s lenders were investing in loans already issued by microfinance institutions, instead of directly lending to specific borrowers, as many Kiva lenders believed.
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3/12: Last Day to help #microfinance in America. http://bit.ly/d4ArrE - It's Easy. VOTE and spread the word!
A recent Newsweek article praises the role of microcredit in disaster recovery. The piece singles out Fonkoze, the leading microfinance institution in Haiti, for their ability to get cash to its clients while bigger banks remained paralyzed. The article suggests that a new role for microfinance is to help economies respond to shattering tragedies like the Haitian earthquake.
The blog over at the European Bank for Reconstruction and Development (EBRD) recently featured a post by Senior Economist Ralph De Haas, who describes a randomized evaluation of microfinance in Mongolia that recently completed fieldwork. Although analysis is ongoing, with full results expected in July o

