President Guebuza's own micro-credit program: Development failure and political success
Original version
IPRIS Bulletin May 2010Abstract
In 2007, two years after he took power, the President of Mozambique Armando Guebuza launched one of his Presidency’s principal initiatives: The micro-credit programme widely known as the “7 million”. Whereas the programme appears to have secured the President some significant political scores, it does by now look to be a development failure. (Published in the bulletin of the Portuguese Institute of International Relations and Security, IPRIS)