Vikram Akula

Microfinance Leaders Debate Future

Jonathan Lewis | Posted 05.25.2011

Read More: Vikram Akula, Microplace, Microfinance, Muhammad Yunus, Economic Development, Impact News
Jonathan Lewis

Two prominent advocates for economic justice are currently debating the practical and ethical limits to selling goods and services to the poor in the anti-poverty sector.

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An Increasingly Important Debate: Microfinance as a Non-Profit or Possible IPO?

Vivian Norris | Posted 05.25.2011

Read More: Yunus, Ipo, Check Cashing, Microfinance, For Profit, Alex Counts, Grameen, Sks, Payday Loans, Vikram Akula, Investors, Business News
Vivian Norris

Nonprofit Microlending is based on trust. For profit lending is not. This is a huge difference, and it's possible the latter could turn into a repeat of the villager loan shark mode

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Avoiding "Mission Drift": Do Microfinance Institutions Stop Serving Their Core Mission When Seeking Profit?

Mary Ellen Iskenderian | Posted 05.25.2011

Read More: Vikram Akula, Clinton Global Initiative, Microfinancing for Women, Microfinance, Muhammad Yunus, World News
Mary Ellen Iskenderian

Microfinance efforts show that the poor are indeed creditworthy, and that women borrowers in particular spend the proceeds from their businesses in ways that have a longer-lasting, more profound impact on the lives of their families.

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