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firm survival

Give a man a fish and feed him for life? Experimental evidence on the long-term effects of grants on Sri Lankan Microenterprises

David McKenzie's picture

Typical policies to improve the incomes of poor households and their businesses are based on the sustained provision of services – be it microfinance with multiple loan cycles and regular meetings; conditional cash transfers with regular transfers over a period of years; or business training programs which are based on the idea that capital along is not enough – as in the proverb “give a man a fish and he eats for a day, teach a man to fish and he can feed himself for life”.