M4P defined- Simple version

“Making markets work for the poor (M4P) is simply a framework used to identify, analyze and understand the systemic constraints that prevent the poor from benefiting from the market within which they operate. The assumption is, once the market constraints are removed, the market will work effectively for the benefit of the poor. This approach suggests that the poor depend on the market system for their livelihoods such that the design and effectiveness of this market system will directly impact the level of poverty amongst participants. In other words, the less efficient and competitive market is the higher level of poverty and vice versa is true”