Racialicious has an interesting article about microcredit up today. Two short thoughts:
1) Anyone who ever tries to tell you that the answer to poverty is a one-hit solution is either a) ignorant, or b) trying to hit you up for money
2) The concept behind microcredit that I have always had a problem with is that it presumes that old American/capitalism concept that if you just work hard enough (i.e., take out a loan), you can pull yourself up by your own bootstraps and be successful. It doesn't take into account the fact that poverty is geopolitically, globally, socially, and demographically influenced. In a lot of ways, micro loans are just a smaller way of throwing money at a problem that demands a much more complex solution.
Anyway, check it out if you have a second.