Microfinance · Opinion

Kiva launches in India with poor product experience

The leading crowd-sourced microcredit platform, Kiva.org, has recently launched micro-lending in India. I am a big fan of Kiva and I am a personal lender on the platform having made more than 200 loans — see my Kiva lender page. But their micro-lending product for India is very different than what they offer for other countries.… Continue reading Kiva launches in India with poor product experience

Microfinance · Opinion

Microfinance is more than a loan

Interesting personal experience article by Jitin Mitra on the status and impact of microfinance in India. As a result of the microfinance crisis in India, there has been a significant decline in the availability of microloans for poor Indian workers. While certain politicians gloat that they are protecting poor borrowers, Jitin notes that “the reality is… Continue reading Microfinance is more than a loan

Microfinance · Opinion

Questions about Unitus changes

I wish I had posted this closer to the announcement date, but I still think this will be helpful for people who care deeply about Unitus and microfinance/poverty alleviation… I am a board member of Unitus, a global poverty 501c3 charity which recently announced that it is redirecting its efforts from microfinance to new areas of reducing global… Continue reading Questions about Unitus changes