Microcredits Sound Great. So Why Don’t We Offer Them?

Sandino Scheidegger

When talking about poverty alleviation, we’re often asked: “What about microcredits?” It’s a good question. Microcredits once inspired global hope as a revolutionary solution to poverty. But the reality has proven more complicated, and the initial promise has dimmed. In this article, we’ll explain why we chose a different approach.