Microfinance and Poverty probes a set of assumptions that have arisen about microfinance and poverty reduction and that … and analysis of theoretical and applied literature on microfinance and poverty. The view of microcredit that emerges is …

Microfinance and Poverty probes a set of assumptions that have arisen about microfinance and poverty reduction and that … and analysis of theoretical and applied literature on microfinance and poverty. The view of microcredit that emerges is …

and their livelihoods? Under what circumstances, and for what types of households, will shocks push households into … poverty traps from which recovery is not possible? In an effort to answer these questions, this paper analyses the asset … poverty traps and that they tend to militate against any tendency of the poor to catch up with wealthier households. Policy …