“The evidence suggests that the truth lies in the in-between: Microfinance works really well sometimes – but not always. It works for some people the way we thought it might, and for others in ways we didn’t anticipate.”

— I copied the above quote from lyrianfleming blog because I tend to agree on the statement. My experience in microfinance shows that it works for the majority of people. Unfortunately there are always a few people on which microfinance has  “adverse effects”. However, by providing free coaching, guidance and training these possible “adverse effects” of microfinance can be eliminated over time. Microfinance should be a combination of credit and (business) coaching. In our microfinance agency (microStart) we call this combination “GUIDED MICROCREDITS”. Through granting guided microcredits we see that microfinance can be successful for everyone.