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microfinance

A collection of 2 posts
The problems (and promise) of microfinance
Andhra Pradesh

The problems (and promise) of microfinance

Just three decades ago, billions of people around the world were stuck in a trap. Faced with low incomes on the one hand and exploitative loan sharks the other, they could neither save for the future nor purchase the capital required to generate a living. This changed with the pioneering
Apr 15, 2014 6 min read
Microfinance and Social capital
economics

Microfinance and Social capital

Many of us are already probably familiar with what is known as ‘microfinance’ (see ‘Microcrisis’ by Hanbo Li), but what about social capital?  Social capital has been defined by many scholars. To take one famous instance, Putnam in his book ‘Making Democracy Work : Civic Traditions in Modern Italy’  defined social
May 20, 2012 3 min read
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