The promise of

What does the evidence say?

Contents

01020304050607

What does the evidence say?

The promise of

February 2014

1

Microcredit Summit Campaign, (

2

Development Research Group,

The development of

01

3

3

Adults with an account at a formal

0–1516–3031–5051–8081+No data

microcredit

Microsavings

Microinsurance

4

Microcredit Summit Campaign,

5

6

7

Development Research Group,

Consultative Group to Assist the Poor Blog,

Consultative Group to Assist the Poor Blog,

5

10

11

Journal of Economic Literature,

9287

High-income economies

5852

East Asia and

5040

Europe andCentral Asia

4435

Latin Americaand the Caribbean

4125

South Asia

2722

Sub-SaharanAfrica

2313

Middle Eastand North Africa

Female Male

evidence

02

12

Consultative Group to Assist the Poor Blog,

New York Times,

8

03

13

Abdul Latif Jameel Poverty Action Lab,

Microcredit

04

14

BREAD [Bureau for Research and Economic Analysis of Development] Working Paper 278,

15

16

17

Massachusetts Institute of Technology Working Paper,

Harvard University Working Paper,

Journal of Development Economics,107

20

The American Economic Review, 103

NBER Working Paper 15242,

21

22

23

24

American Economic Review,

Review of Financial Studies,

merican Economic Journal: Applied Economics,

Access to Finance Forum,

05

25 observed

26

27

30

The American Economic Review, 103

Harvard Business School Working Paper 14-001,

Case Western Reserve Working Paper,

Bureau for Economic Analysis of Development Working Paper,

NBER Working Paper 17851,

31

32

33

Quarterly Journal of Economics,

NBER Working Paper No. 18417,

World Development

35

36

Review of Income and Wealth,

Dartmouth College Working Paper,

34

American Economic Journal: Applied Economics,

06

37

American Economic Journal: Applied Economics,Harvard Business

School Working Paper,Journal

of Marketing Research

40

41

42

43

Yale University Working Paper,

07

EY

The Journal of Financial Perspectives,

EY