Author Archives: Rachel Cassidy

A loan shark in sheep’s clothing? Is commercialization of microfinance bad for borrower welfare?

After years of positive media attention and a Nobel Peace Prize for Muhammad Yunus and Grameen Bank, it’s been hard to miss the recent controversy surrounding the microfinance industry. Critical media reports have highlighted the role of high interest rates … Continue reading

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Posted in Institutions and Growth, Policies to Protect the Poor | Tagged | Comments Off on A loan shark in sheep’s clothing? Is commercialization of microfinance bad for borrower welfare?