Saturday, February 12, 2011

Scaling Microfinance: An Economic Imperative


These are troubling times, as the spotlight on microfinance has recently led to unfortunate mischaracterizations and a rush to judgment.

Emotions have been confused for facts and character assassination is used to negate the very real contributions in the fight against poverty. In the current media cycle, commercialization -- rather than unsavory business practices -- has been identified as the cause in the case to discredit microcredit. While the lives of hundreds of millions worldwide have been enriched by opportunity once unimaginable, the words of a few threaten to change the opinions of many -- a dangerous situation,

See full Article.