What are the pros and cons of microcredit?
In the current section on microcredit in Tanzania, we have seen that microcredit schemes can have a positive effect on breaking the cycle of poverty for some communities. However, such schemes are not without their critics.
You might want to take a look at the following video that draws upon microcredit experiences from other parts of the world and considers: Does Microfinance really work? The video looks at some of the problems associated with microfinance schemes as well as the benefits.