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Does microfinance work?
Friday August 6 2010
New from Making It: Industry for Development magazine: www.makingitmagazine.net
With all the media hype surrounding new online lending platforms, such as Kiva.org, the time is right to ask if microfinance really is an effective poverty reduction tool.
Anis Chowdhury, Professor of Economics at the University of Western Sydney, Australia, and currently working as a Senior Economic Affairs Officer at the United Nations Department of Economic and Social Affairs (UN-DESA), asks if microfinance is all that it is cracked up to be.
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