Microfinance Heats up in East Africa

With BRAC’s (Bangladesh Rural Advancement Committee) recent announcement of their successful raise of $62M for their Africa Loan Fund, a new benchmark/milestone has been reached for the potential growth in microfinance in East Africa. For the underdeveloped East Africa microfinance market, this is a huge amount of commercial debt capital to support BRAC’s ambitious goal… Continue reading Microfinance Heats up in East Africa

Microfinance · Opinion · Social Business

Critiquing microfinance, Part II

This is a continuation from Part I which focused on a recent New Yorker article. New York Times Article Elizabeth Malkin recent wrote an article in the New York Times called, Microfinance’s Success Sets Off a Debate in Mexico where she outlines some of the issues in the debate on the commercialization of microfinance. This… Continue reading Critiquing microfinance, Part II

Microfinance · Poverty Reading List

A Billion Bootstraps book review

A Billion Bootstraps: Microcredit, Barefoot Banking, and the Business Solution for Ending Poverty by Phil Smith and Eric Thurman I think this the best book that I’ve read so far which provides an introduction to microcredit which is designed for a non-industry expert and, more specifically, for someone who is looking to get involved in… Continue reading A Billion Bootstraps book review

Microfinance · Poverty Reading List · Social Business

Creating a World Without Poverty book review

Creating a World Without Poverty: How Social Businesses Can Transform Our Lives by Muhammad Yunus Muhammad Yunus, 2006 Nobel Peace Prize recipient, has recently released his second book, Creating a World Without Poverty. The centerpiece of this book is Yunus proposal for a new kind of institution called a “social business” which is a for-profit… Continue reading Creating a World Without Poverty book review


Global Microfinance Institutions Ratings

There are two recently released reports on the top global microfinance organizations: 2007 MIX Global 100 Forbes Top 50 Microfinance Institutions Both of these are based on data collected by Microfinance Information eXchange, Inc. (MIX) which is leading market research publisher of microfinance data. Forbes rankings are also accompanied with some additional articles on microfinance.… Continue reading Global Microfinance Institutions Ratings

Microfinance · Social Impact Investing

Ebay enables investing in microfinance

Ebay recently opened a new web site called MicroPlace which enables individuals to make loans to the world’s working very poor. This enables what I refer to as Socially Responsible Investing version 2 … choosing to make a positive social impact with your investing. Here’s generally how it works: You can preview the investment options… Continue reading Ebay enables investing in microfinance

Microfinance · Poverty Reading List

The Poor Always Pay Back book review

The Poor Always Pay Back: The Grameen II Story by Asif Dowla and Dipal Barua If anyone is interested in seeing inside one of the world’s most innovative microfinance organizations, this is a fantastic documentary of the huge transformation that Grameen Bank (founded by Muhammad Yunus) … 2006 Nobel Peace Prize winners … went through… Continue reading The Poor Always Pay Back book review