TY  - GEN
AU  - Mancha, André
AU  - Cavalcanti, Filipe
AU  - Ratcher, Laísa
AU  - Gouvea, Livia
AU  - Fontes, Luiz Felipe
TI  - Evidence in Labor Market Policies and Implications for Brazil: Microcredit
PY  - 2024
Y1  - 2024/09/24
DO  - 10.18235/0013170
AB  - This publication, co-authored by JOI Brazil, a J-PAL LAC initiative, and the Inter-American Development Bank analyzes the available evidence on microcredit programs and discusses their implications for public policy formulation in Brazil. Microcredit programs can be a tool to help entrepreneurs overcome financial constraints by providing access to small loans aimed at fostering growth and alleviating poverty through increased income-generating opportunities. However, despite the global popularity of these programs, evaluations in middle- and low-income countries indicate that the provision of microcredit has not always led to significant impacts on the income and consumption of their beneficiaries, nor has it consistently promoted high-return investments. Given this, it is essential to identify the most relevant characteristics of successful programs.
UR  - https://doi.org/10.18235/0013170
ER  -