Expanding Your Microfinance World View
Posted in Featured Articles on Dec 17th, 2010
By Salah Goss, Associate Program Officer in the Financial Services for the Poor program & Ignacio Mas, Deputy Director in the Financial Services for the Poor program at the Bill & Melinda Gates Foundation 17 December 2010 [CGAP] New technology-enabled models for financial inclusion seek to take transactions outside of bank branches and into retail [...]
Posted in Featured Articles on Dec 15th, 2010
By Burcu Güvenek Araslı, Microfinance Expert 15 December 2010 [HurriyatDaily] The crisis exploded in the Indian state of Andhra Pradesh in early October after tragic casualties from suicides of microcredit users hit the epicenter of microfinance in India. The crisis has since fueled allegations against microfinancers across the country and globally. As events continue to [...]
Posted in Featured Articles on Dec 14th, 2010
By Aaron Ausland 14 December 2010 [stayingfortea.org] Microfinance has lost its soul. Six fundamental shifts in the practice of microfinance have left it operating more like a for-profit bank and less like an innovative pro-poor movement. I don’t have much against banks; they mostly do good things for people who can access their services. But, [...]
Posted in Featured Articles on Dec 10th, 2010
By Jude L. Fernando, Author of “Microfinance: perils and prospects“ 10 December 2010 [Forbes] Recent revelations about the role of Nobel Prize winner Muhummad Yunus in the alleged misuse of $100 million by the Grameen Banks (and the cover-up of that misallocation) have begun to provoke overdue discussions on the value of microfinance in the developing world. [...]
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