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9781853396670

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<i>What s Wrong With Microfinance?</i> unapologetically asks questions that others have been too polite, complacent, or uncritical to ask. You don t have to agree with everything here, or even most of it, to learn a great deal. --Jonathan Morduch, Professor of Public Policy and Economics, New York University and co-author of The Economics of Microfinance

A timely collection of expert treaties questioning the scope of and rationales for microfinance. Specifically aimed at giving a reality check at a time when hype around microfinance's potential has never been greater.... --Dr. Ben Rogaly, Senior Lecturer in Human Geography

""A timely collection of expert treaties questioning the scope of and rationales for microfinance. Specifically aimed at giving a reality check at a time when hype around microfinance's potential has never been greater....""--Dr. Ben Rogaly, Senior Lecturer in Human Geography ""During a stampede it's useful for someone to ride apart from the herd and speculate about where the multitude is going. This book does that for the widely promoted and highly praised microfinance industry....""--Dr. Dale W. Adams, Professor Emeritus ""This book by microfinance insiders will be invaluable to the enthusiasts as well as the critics not only to reflect on its true potential but also to temper the unrealistic expectations that have been triggered by the UN year and the Nobel prize.""--Sukwinder Arora, microfinance professional ""What's Wrong With Microfinance? unapologetically asks questions that others have been too polite, complacent, or uncritical to ask. You don't have to agree with everything here, or even most of it, to learn a great deal.""--Jonathan Morduch, Professor of Public Policy and Economics, New York University and co-author of The Economics of Microfinance

A timely collection of expert treaties questioning the scope of and rationales for microfinance. Specifically aimed at giving a reality check at a time when hype around microfinance s potential has never been greater.

A timely collection of expert treaties questioning the scope of and rationales for microfinance. Specifically aimed at giving a reality check at a time when hype around microfinance s potential has never been greater. --Dr. Ben Rogaly, Senior Lecturer in Human Geography

Author Information

Thomas Dichter has spent half of his 40-year career in international development working in microfinance on three continents. From 1994 to 1998 he was senior consultant to the World Bank's 'Sustainable Banking With the Poor' project. He is the author of Despite Good Intentions: Why Development Assistance to the Third World has Failed. Malcolm Harper taught at Cranfield School of Management until 1995, and since then has worked mainly in India. He has published on enterprise development and microfinance. He was Chairman of Basix Finance from 1996 until 2006, and is Chairman of M-CRIL, the microfinance credit rating agency.

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