Cost Quote by Jonathan Morduch
“Microfinance stands as one of the most promising and cost-effective tools in the fight against global poverty.”
About This Quote
Source Book: The Economics of Microfinance, 2010
Microfinance provides an affordable, effective method to reduce global poverty by empowering low‑income individuals.
In simple terms: Microfinance helps fight poverty cheaply.
Key Takeaway
Support or invest in microfinance initiatives.
Themes
poverty reduction
finance
empowerment
Mood
analytical
hopeful
Type
economic
policy
When to use this quote
- rural entrepreneurship
- women’s empowerment
- community development
Key Concepts
economic development
social impact
Questions to Reflect On
- How can microfinance be scaled responsibly?
- What complementary policies are needed?
A Different Perspective
Microfinance alone cannot solve systemic inequality.
![“[Photography is ] likewise even French impressionists. So the Sculls bought pop. It was politics, and they moved with it. And I think that could be happening, to some degree, with photography, too. It doesn't cost as much to do it, either.” quote by Garry Winogrand](https://sms4smile.com/quotes/img-quotes/2eb/garry-winogrand-2342_cost_photography-is-likewise-even-french-impr_2802.jpg)
