Microloan Sharks by Jonathan C. Lewis




Nombre de page : 0

Date de publication : 30-11--0001

Edition : Non défini

Auteur : ired.org

Type : Ouvrages

Theme :


Commercial microfinance institutions (MFIs) must calculate two bottom lines: alleviating poverty for clients and also generating profits for investors.\r\n\r\nTo achieve the latter goal, some MFIs charge their impoverished clients exorbitant interest rates.\r\nThe recent Banco Compartamos IPO in Mexico raises a red flag, demonstrating how easily well-intentioned MFIs and their investors can shift from microlending to microloan-sharking. \r\n\r\nmvi\r\n

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