Posted on November 7, 2008 - by James

Blogger: Candid view of the Credit Crisis effect on MFIs

“In the field, CMF research associates see how microfinance institutions work on the day-to-day. Often, operations are not as perfect as microfinance proponents profess them to be. For instance, one of my colleagues noticed the following . . . .

In the face of the global financial crisis, the verdict is still out as to how this will affect microfinance industry: Yunus and Clinton are promoting microfinance in these turbulent times as a “viable investment,” while SKS strikes a note of caution… [click here to read the rest of this article...]