Hugh Sinclair is the author of a new book titled, Confessions of a Microfinance Heretic: How Microlending Lost Its Way and Betrayed the Poor, in which he debunks the image of microfinance as a do-good industry committed to helping poor people create…
"Dismissed." A single word from Bangladesh's highest court ended a bitter legal battle that has grabbed world attention. The loser in this case: Muhammad Yunus, the 70-year-old Nobel Peace Prize laureate and founder of Grameen Bank, the groundbreaking…
When microfinance began, its scope was simple: Charitable, donor-driven organizations with a mission to eliminate poverty gave out very small business loans to help the world's poor.…
Microfinance -- the business of providing financial services in small transaction amounts to poor, underserved markets -- has taken off in recent years.…
A system to gauge whether loan recipients are escaping poverty, an overhaul of the loan making system and a bold plan to use the infrastructure of microfinance to tackle other social woes are some of the ways that microfinance is evolving, despite…
The business of making loans to poor people in underdeveloped countries is entering a critical period of development, according to panelists at this year's Wharton Finance Conference.…
