International aid work is always coming up with new models to end world poverty. ("It's so simple! Why didn't we think of it before?!") Simple mechanisms for water purification or cleaner latrines, to odd sounding notions like child-centered schools, and cash-for-work schemes have all been touted as ways to turn desperation into dignity.
Much of the same hope and excitement was invested in microfinancing when it first began being hailed as the solution du jour. A $10 loan to an illiterate village woman could be turned into a mini empire, female emancipation and regional security.
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