Measuring the Impact of Microfinance: Challenges and Opportunities
Monday, April 8
1:00 - 2:00 p.m.
Busch Student Center 256
Speaker: Chris King, PhD, CSP, CHMM
Assistant Professor of Environmental & Occupational Health; Director, Center for Environmental Education & Training (CEET), Saint Louis University
Microfinance for the poor has become a worldwide phenomenon with seemingly little evidence of its effectiveness as a poverty-alleviation strategy. In 2009 there was a reported 3,589 organizations throughout the world providing some form of microfinance service to more than 190,000 clients, supported by an estimated US $10-25 billion. Yet evaluating microfinance programs has proven to be very difficult, due in part to the multidimensional nature of poverty. This presentation explores these challenges through an evaluation conducted on a microfinance program in the Dominican Republic, and describes the known benefits of microfinance.