>> The threshold above which people no longer regress into poverty is 9,309 BDT (504 USD PPP)
Am I understanding PPP correctly--this is a value equivalent to what $500 buys in the US?
That's surprising because the paper states this is above the amount available for conventional microfinance; I didn't realize it was indeed that "micro".
Am I understanding PPP correctly--this is a value equivalent to what $500 buys in the US?
That's surprising because the paper states this is above the amount available for conventional microfinance; I didn't realize it was indeed that "micro".