This article is a re-post that first appeared on CARE Insights.
CARE's own microlending initiative, Lendwithcare.org, welcomed its Microfinance Institution partners from around the world to a workshop in London last week. The members highlighted how microcredit remains effective in fighting poverty, how peer-to-peer platforms can support this, and how social performance can be effectively measured and incorporated into its delivery.
All of this is in contrast to recent questions from sceptics over whether the peer-to-peer micro lending model really helps tackle poverty.
|© 2012 Wolfgang Gressmann/CARE|