The Gates Foundation redirected $100 million previously pledged to microfinance toward subsidizing the creation of secure local savings banks, but so far that effort has had no measurable aggregate impact.

factualpending

Speaker

Michael Munger

Evidence Quote

the money that's been spent by the Gates Foundation so far has had no impact it's had no measurable impact

Source

Mike Munger on Microfinance, Savings, and Poverty 04/18/2011EconTalk
Created: 6/17/2026, 10:29:24 AM

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