抖阴精品

Not to profit from poverty

FOR over four decades, microfinance has been hailed as a revolutionary tool for poverty alleviation. From the villages of Bangladesh to the favelas of Latin America, it promised to transform the unbanked into entrepreneurs and empower women through credit. Yet, as the model has evolved, its soul has been compromised. What began as a humanitarian effort to...

Soft microfinance: potential game-changer

MICROFINANCE is welcomed as a revolutionary tool to eradicate poverty, providing financial access for those excluded from traditional banking systems. It emerged with a promise to empower small entrepreneurs and poor people, especially women, by offering them loans to do businesses, secure livelihood and achieve financial independence...