Confessions of a microfinance heretic : how microlending lost its way and betrayed the poor / Hugh Sinclair.

Format:

Book

Author/Creator:

Sinclair, Hugh.

Series:

BK currents book.

BK currents book

Language:

English

Subjects (All):

Microfinance.

Poor.

Finance--Developing countries.

Finance.

Physical Description:

1 online resource (289 p.)

Edition:

1st ed.

Place of Publication:

San Francisco, Calif. : Berrett-Koehler Publishers, c2012.

Language Note:

English

System Details:

text file

Summary:

A microfinance Industry insider offers a shocking account of corruption and betrayal of the poor by an industry supposedly dedicated to doing good. Hugh SInclair is one of the rare field workers who has seen microloans at ground level; he concludes that predatory lending and profit pressure are causing most microloans to do far more harm than good. This is the sad tale of a good idea gone horribly bad.

Contents:

Author biography

Preface

Dedication

Acknowledgments

Thou shalt not criticize microfinance

Baptism in Mexico

Bob Dylan and I in Mozambique

Another Mozambican civil war

The "developed" world

Something not quite right in Nigeria

Something not quite right in Holland

In front of the judge

Rustling Dutch feathers

Blowing the whistle from Mongolia

Enter the New York Times

Collapse, suicide, and Muhammad Yunus

The good, the bad, and the poor

Appendix: Microfinance economics.

Notes:

Description based upon print version of record.

ISBN:

9786613673732

9781280696770

128069677X

9781609945190

1609945190

OCLC:

795120566