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Confessions of a Microfinance Heretic

A Microfinance Whistleblower Tells the Painful Truth

Tom Devine | Posted 09.08.2012 | Business
Tom Devine

A new whistleblowing book by British microfinance expert Hugh Sinclair exposes a particularly painful truth: What has been promoted as a charity structured to empower the poor in fact is camouflage for heavy-handed loan sharking that regularly victimizes its so-called beneficiaries.