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In low- to middle-income countries around the world, nearly one billion people lived in urban informal settlements as of 2018. Rapid urbanization in most large African cities has led to both more people and a higher proportion of people living in informal settlements over time. Researchers conducted...

Researchers analyzed the introduction of microcredit programs in parts of rural Ethiopia to evaluate the effect of improved credit access on economic and social outcomes. They found that introducing microcredit programs increased the frequency of borrowing and amount borrowed by rural households in...

In India, researchers randomly assigned microfinance clients to monthly or weekly meeting schedules to test whether more frequent meetings could build social capital. They found that weekly meetings lead to higher levels of social interaction that continued beyond the initial loan cycle, which...

Researchers conducted a randomized evaluation to test the impact of the anti-poverty cash transfer program, PROSPERA, on food consumption for families living in poverty in Mexico. Households consumed enough food both before and after receiving the cash transfer.