Can microcredit help unlock a poverty trap for some people by putting their businesses on a different trajectory? Could …, India, we find that "gung ho entrepreneurs" (GEs), households who were already running a business before microfinance … facilitate escape from a poverty trap …

Can microcredit help unlock a poverty trap for some people by putting their businesses on a different trajectory? Could …, India, we find that “gung ho entrepreneurs” (GEs), households who were already running a business before microfinance … facilitate escape from a poverty trap …

on these principles, supervised by the Poverty Action Lab at MIT, is being carried out in dozens of countries. Their work … transforms certain presumptions: that microfinance is a cure-all, that schooling equals learning, that poverty at the level of 99 …