[change] Commercial Microcredit = Just Profit or Unjust Profiteering?

2010-09-30 Thread Yaw Anokwa
Say you want to make loans to millions of poor women in the developing world, to help them climb out of poverty. Is it OK to raise money from rich investors, who expect to make a profit? Muhammad Yunus, the father of microfinance, says no. If you have investors who expect profits, you'll

[change] Commercial Microcredit = Just Profit or Unjust Profiteering?

2010-09-30 Thread James Dailey
Colin, Its a great question, and I think you (and the broader group) should consider the work that's already occurred in this space. I looked at this broader question of how to use technology, backend systems, front end devices, etc while at Grameen Technology Center, a part of the Grameen