Microfinance

Disinformation on Microfinance Hurts the Poor

Muhammad Yunus’ OpEd piece in Friday’s New York Times entitled Sacrificing Microcredit for Megaprofits is plainly and simply factually challenged.  Yunus advocates for changes which will result in fewer of the working poor receiving quality financial services and those who do will pay more for those services. [NOTE:  Those of you who read my blog… Continue reading Disinformation on Microfinance Hurts the Poor

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

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

Poverty Reading List

Banker to the Poor book review

Banker to the Poor: Micro-Lending and the Battle Against World Poverty by Muhammad Yunus Yunus is probably the most well-known microfinance practitioner having started The Grameen Bank in Bangladesh in the 1970’s and led it ever since to its current state where it serves millions of micro-entrepreneurial women across Bangladesh and, through replication, in many… Continue reading Banker to the Poor book review