Does Microfinance Spark Economic Growth? A Case Study From Bosnia and Herzegovina
A new study from Effat University challenges long-standing beliefs about the positive impact of microfinance on economic growth.
The main finding of the study is that in Bosnia and Herzegovina, microfinance loans had an adverse impact on GDP, contradicting the prevailing consensus on the positive effects of microfinance on economic prosperity.
Photo courtesy of Keegan Houser.
Source: Effat University (link opens in a new window)
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