The next impact test for microfinance

Nice article today by Kristof in the New York Times.  It highlights an IPA project by Dupas and Robinson, which we are now working to replicate on a much larger scale in four locations, and also discusses at length the savings-led-microfinance, which IPA is busy evaluating also in four locations (Mali, Ghana, Uganda and Malawi).  Needless to say, I couldn't agree more that savings-led approaches hold a lot of promise.  Of course, that is in theory, and now we need to see the data to find out the answer.  Stay tuned (patiently please!).