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A Tale of Microfinance in Two Cities

Elisabeth Rhyne | Posted 05.25.2011 | World
Elisabeth Rhyne

Microfinance in India is undergoing a crisis caused by a toxic mix of mushrooming growth and political volatility. As they ponder their next steps, p...

Funding the Risk Frontier in Microfinance

Elisabeth Rhyne | Posted 05.25.2011 | Business
Elisabeth Rhyne

The recent IPO of SKS Microfinance, India's largest microfinance institution (MFI), was a watershed event whose ripples are affecting the public perception of microfinance.

Microfinance: Keeping the Mission When Non-Profits Become For-Profits

Elisabeth Rhyne | Posted 05.25.2011 | Business
Elisabeth Rhyne

Many people committed to social justice have a built-in assumption that nonprofits are inherently more virtuous than for-profit companies. However, for-profit businesses have been the primary engines of wealth creation in the modern world.

Why are microfinance interest rates so high?

Elisabeth Rhyne | Posted 05.25.2011 | Business
Elisabeth Rhyne

Americans often suffer sticker shock when they hear about interest rates charged in international microfinance. At annualized rates above 20 percent, ...