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9 of 9 people found the following review helpful:
4.0 out of 5 stars
A frank and passionate look at ground level challenges,
By Paul K. "Building local community resilience" (San Mateo, California) - See all my reviews
This review is from: What's Wrong with Microfinance? (Paperback)
Don't be discouraged by the title of this book!This collection of articles is by people who really care about international development, and microfinance in particular, and are looking for ways to make both be successful. And in line with this drive to get results, many experts have seen the ground-level challenges that exist beyond the "and they lived happily ever after" stories that are most of what we hear about microfinance. Clearly it has great results some of the time, yet to continue to improve the field, there must be a frank look at the whole range of outcomes. As with everything, the nitty gritty reality is more complicated than it first seems. What do people do with their microfinance loans? What happens socially when their new business folds and they can't pay back the loan? How successful is microfinance at raising people's standard of living? Where does the profit motive come in when it comes to running an MFI? These questions are considered carefully. From reading these articles, I developed a finer tuned sense of the specific challenges that are being faced, and ideas for how the field can improve. As well I woke up to the challenges of measuring progress on poverty alleviation. Overall a good collection of articles from around the world. |
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What's Wrong with Microfinance? by Thomas Dichter (Paperback - July 2007)
$39.95 $31.74
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