Re: Muhammad Yunus and the Grameen Bank win Nobel Peace Prize
On Oct 13, 2006, at 7:20 AM, Ira Glazer wrote:
[fwiw, an acquaintance of mine worked with one of these Grameen- type banks in Uganda, and said that the repayment rate is much
lower than what is advertised; she said there’s a lot of hot air
about how effective they really are]
I haven’t looked into this in years, but Gina Neff did a piece on
microfinance for LBO in 1996 and found lots of hype and little
results: http://www.leftbusinessobserver.com/Micro.html.
Doug