Join us for “Rethinking Poverty and Microcredit,” a presentation on the use of microcredit as a tool for poverty alleviation. Jonathan Morduch, Professor of Economics and Public Policy at NYU and author of Portfolios of the Poor: How the World’s Poor Live on $2 a Day, will discuss the global rise of microfinance and the widely celebrated model pioneered by Muhammad Yunus.

Drawing on decades of research, Morduch will examine how households really use microcredit, showing that these loans often serve as flexible tools for managing everyday financial pressures rather than as straightforward investments in small businesses, ultimately highlighting the need for a broader understanding of poverty. 

A light reception to follow.