Agent Intermediated Loans: A New Approach to Microfinance

With evidence growing that traditional microfinance may not be offering the expected poverty alleviation benefits, it may be time to consider alternative approaches to microcredit, suggest Professors Pushkar Maitra, Sandip Mitra, Dilip Mookherjee, Alberto Motta and Sujata Visaria. In this article, they describe the results of their experiment with Agent Intermediated Lending, an approach that seeks to make microcredit work …