Has microfinance lost its moral compass?

Preprint, Article English OPEN
David Hulme; Mathilde Maitrot;
(2014)

Abstract This paper argues that microfinance in South Asia, like mainstream finance in North America and Europe, "has lost its moral compass". Our particular concern is with microloans to vulnerable clients. Microfinance institutions (MFIs) have increasingly focussed on... View more
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