(Mis)use of evidence in microfinance programming in the global south: a critique

Duvendack, Maren and Maclean, Kate (2015) (Mis)use of evidence in microfinance programming in the global south: a critique. Contemporary Social Science, 10 (2). pp. 202-211. ISSN 2158-2041

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Abstract

This paper looks at the use of economic and social ‘evidence’ in debates on microfinance. Microfinance was originally inspired by small-scale women's savings and credit organisations. When its potential to become a financially sustainable, even profit-making, development intervention was recognised, microfinance underwent a ‘revolution’ that was to convert it into a much lauded development ‘panacea’. Microfinance's reputation has, however, been tarnished by reports refuting the evidential basis for claims made on its behalf. We trace the intervention's ascendance and the evidential basis on which microfinance was promoted. We argue, firstly, that the exclusion of qualitative evidence was not an epistemological imperative, but a political choice, and, secondly, that the large-scale quantitative evidence that did support the scaling up of microfinance was inadequate in terms of methodological rigour. In concluding, we place the example of microfinance within wider debates on evidence in development and argue that evidence can never be apolitical.

Item Type: Article
Additional Information: Special Issue: International and Interdisciplinary Insights into Evidence-based Policy
Uncontrolled Keywords: evidence-based policy-making,microfinance,social science research methods,women's empowerment,social capital
Faculty \ School: Faculty of Social Sciences > School of International Development
Depositing User: Pure Connector
Date Deposited: 08 Dec 2015 17:00
Last Modified: 22 Apr 2020 00:14
URI: https://ueaeprints.uea.ac.uk/id/eprint/55726
DOI: 10.1080/21582041.2015.1061686

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