Labie, Marc <br/><br/>
Microfinance: The State of the Art 

 -  2004.<br/>							 
<br/><br/> 100 
<br/><br/> Over the last few years, both the growth and the impact of microfinance have often been overestimated. Today, many analysts try to provide a more balanced overview, stressing what has been learned and what remains to be done. This paper contributes to this objective by analyzing four areas: lessons learned, debates, future developments, and evaluation.