Creating Pathways for the Poorest : Early Lessons on Implementing the Graduation Model
People at the very bottom of the economic ladder are often excluded, or exclude themselves, from microfinance. Their income is usually too low and unreliable to permit repayment of loans or investment in anything but basic food consumption. In some...
| Main Authors: | , , |
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2009/12/12820912/creating-pathways-poorest-early-lessons-implementing-graduation-model http://hdl.handle.net/10986/9485 |
| Summary: | People at the very bottom of the
economic ladder are often excluded, or exclude themselves,
from microfinance. Their income is usually too low and
unreliable to permit repayment of loans or investment in
anything but basic food consumption. In some countries the
very poor are served by safety net programs, which usually
take the form of cash transfers, food aid, or guaranteed
employment schemes. Starting in 2006, Consultative Group to
Assist the Poorest (CGAP) and the Ford Foundation have been
exploring how a 'graduation model' can create
pathways out of extreme poverty, adapting a methodology
developed by BRAC in Bangladesh. This brief discusses early
lessons from the implementation of the graduation model. |
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