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 ...
For three decades, microfinance institutions have given out small loans to the world's poor--mostly women--and amassed hundreds if not thousands of case studies showing that the loans help alleviate ...
When the rich suffer, so do the poor. Or so goes the trickle-down theory. It turns out, though, that the spreading of global financial pain is far from simple. The microfinance industry, for instance, ...
Thirty years ago, it was widely thought that the perfect solution to unemployment and poverty in developing countries had been found in the shape of microfinance, the provision of tiny microloans used ...
What the West Misses About China’s Nuclear Build-up Research commissioned by the Cambodia Microfinance Association (CMA) and carried out by the M-CRIL ratings agency signals a retreat from the claim ...
In contrast to the industry’s claim that microfinance allows borrowers to expand their businesses, many Cambodians “have no choice but to borrow to make ends meet.” New research from Cambodia ...
Microfinance has been hailed as a boon to the developing world. By extending small amounts of credit to would-be entrepreneurs, the model is said to raise incomes, reduce unemployment, and empower ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...
Muhammad Yunus — Bangladeshi economist, Nobel laureate, father of microfinance — may or may not have been fired this week. This is the latest in a string of problems in the microfinance world. Here's ...