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Synopsis
The authors sound a timely and overdue warning to governments, bankers, donors and the general public and urges people to pause, reassess their expectations, re-think some policies and to recognise that microfinance is never a panacea and may sometimes be actively damaging to its intended customers.
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About the Authors
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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What's Wrong with Microfinance?
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Practical Action Publishing (edition ), 2007
ISBN 10: 1853396672
ISBN 13: 9781853396670
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