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Microcredits no shortcut to happiness
Submitted by Anonymous (not verified) on 12.01.14
The importance of microcredits in reducing poverty among women in developing countries has been exaggerated.“Microcredits should not be marketed as a panacea for development. They are connected to other livelihood strategies targeting women, plus they cannot replace traditional aid to developing countries,” says Johanna Hietalahti, Master of Social Sciences.
