Despite the conviction that microfinance is able to reduce poverty among low income groups, one challenge that still remains in the sector is high default rate. One of the major causes of this situation seems to be the involvement of management, staff and board in loan processing and approval....

This paper aims to evaluate the impact of a microlending program on ameliorating measured poverty within its client population, with the aim of improving that impact. We analyze over 18,000 women micro-finance clients of the Negros Women for Tomorrow Foundation (NWTF), a database using the...