Microfinance - or creating financial products such as savings plans, small loans, or insurance to as a pathway out of poverty - has long been both celebrated and controversial. When managed correctly, a monetary boost may bring unprecedented opportunity to a poor family, providing them with the missing capital necessary to start a small business, send a child to school, or acquire necessary medication to cure an ailment can make all the difference in sustainably breaking the cycle of poverty. When corrupted or provided without comprehensive support, microcredit may serve only to plunge a poor family further into debt. This collection explores numerous approaches to microfinance and how different groups and organizations are leveraging the model to help communities escape poverty.
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