Working Papers

A collection of specialized essays on local development topics.

Microcredit and its Implications on Development: Background, Trends and Perspectives

The ILO gives enormous significance to microcredit because it helps to fight poverty, but also contributes to create jobs promoting self-employment and entrepreneurship in general and last but not least: microcredit schemes are a powerful tool to strengthen the local socio-economic development. We hope that this Working Paper makes a valid contribution to all those who read it, providing them with useful information and elements of reflection and encouragement on the topic.