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What ails microfinance?

There is no proof that microcredit alleviates poverty; on the other hand, it can make the already risky lives of the poorest even riskier, says researcher David Roodman

February 15, 2012 / 14:04 IST
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NS Ramnath/Forbes India

There is no proof that microcredit alleviates poverty; on the other hand, it can make the already risky lives of the poorest even riskier, says researcher David Roodman In the post-implosion analysis of the microfinance sector in Andhra Pradesh, one entity came out virtually unscathed
first published: Feb 15, 2012 12:30 pm

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