collateral and creditors are reluctant to invest in them. Yet in India, microfinance is being used to reduce poverty, empower …Globally, 1.7 billion people live in poverty and are unable to access financial services. They do not have physical … women, and boost development. In Microfinance and Development in Emerging Economies, Nishi Malhotra argues that the …

A key question in the design of anti-poverty programs is to what extent they should be targeted. Empirical evaluations … based on an imperfect poverty classifier based on proxy means tests results in very distinct 'optimal' beneficiary shares … when these measures are used as a decision criterion. Implications from poverty simulations are sensitive to assumptions …