Very little solid evidence exists that microloans make a dent in long-term poverty. Sadly, evidence does exist for negligence, corruption, and methods that border on extortion. Part expose, part memoir, and part financial detective story, this is the account of a one-time true b…
"Argues that microfinance is an industry focused on maximizing profits and plagued by predatory lending practices, scandals, cover-ups and corruption, and offers solutions for the future"--Provided by publisher.
A microfinance Industry insider offers a shocking account of corruption and betrayal of the poor by an industry supposedly dedicated to doing good. Hugh SInclair is one of the rare field workers who has seen microloans at ground level; he concludes that predatory lending and pro…
This book expands the theory that poverty in the world's poorest regions could be eased by providing loans to microentrepreneurs. This volume provides an analysis of this theory and offers policy recommendations for practitioners in this field.
This is the first of two volumes examining the theory that poverty in the world's poorest regions can be overcome through microeconomic policies. It provides a detailed analysis of this theory and offers policy recommendations for practitioners in this field.
The world's 47 least developed countries (LDCs) are among those most at risk of being left behind. While official development assistance and domestic public resources remain essential for their development prospects, they alone will not be sufficient to meet the Sustainable Deve…