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This study evaluates the impact of Microenterprise Development (MD) assistance on the labor supply, income, expenditure, savings, and capital investment of beneficiaries of Pantawid Pamilya, the Philippine government's conditional cash transfers (CCT) program. The assistance is provided by the...
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collateral and creditors are reluctant to invest in them. Yet in India, microfinance is being used to reduce poverty, empower … women, and boost development. In Microfinance and Development in Emerging Economies, Nishi Malhotra argues that the … financial services provided to low-income groups or individuals through microfinance and group lending outside the traditional …
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