Microcredit in the Developed World: Can Microcredit Serve as an Effective Tool of Poverty Alleviation in the United States?
Morgan, Sarah C.
Washington and Lee University, Shepherd Poverty Program
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Sarah C. Morgan is a member of the Class of 2015 of Washington and Lee University.Capstone; [FULL-TEXT RESTRICTED TO WASHINGTON AND LEE UNIVERSITY LOGIN]This paper investigates the following topics: An overview of microcredit and microfinance as tools of poverty alleviation -- The impact and execution of microcredit in the less developed world -- The impact and execution of microcredit in the developed world -- The current state of microcredit in the United States -- The future potential of microcredit in the United States as a tool of poverty alleviation.