Monday, September 7, 2009

Microfinance

119 loans and counting since February 2008, via Kiva. But is this doing any good, beyond making the lender (this blogger) feel good? Answer: the jury is out on microfinance. While it would seem (in theory) "obvious" that these programs would be positive for the recipients of the loans, unfortunately it is unclear that overall microfinance actually seriously reduces poverty...

Some on-line sites: Kiva - MicroPlace - MyC4 - 51Give - Wokai - UYDO

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