Strong economic growth is key to the elimination of poverty. DFID considers that it has a clear priority in helping developing countries create the conditions which can nurture and sustain economic growth - and the development of the private sector is central to this because it is a major provider of essential services to poor people in developing countries
This note provides information about microfinance and examines when it is most effective, compared to other complementary and alternative interventions. Specifically, microcredit is discussed as an intervention to generate income, employment and alleviate poverty. This note would be useful for people interested in microfinance