adicionar à lista de desejos
Confessions Of A Microfinance Heretic eBook
How Microlending Lost Its Way And Betrayed The Poor
language: english
Publisher:
Berrett-Koehler Publishers, July of 2012 ‧
see product details
29,62€
20%
OFF +
5%
CARD
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
IMMEDIATE AVAILABILITY
Ebook for ADE
DIGITAL SUNDAY SEE MORE ITEMS ON SALE
SYNOPSIS
Very little solid evidence exists that microloans make a dent in long-term poverty. Sadly, evidence does exist for negligence, corruption, and methods that border on extortion. Part exposé, part memoir, and part financial detective story, this is the account of a one-time true believer whose decade in the industry turned him into a heretic.
Hugh Sinclair worked with several microfinance institutions around the world. He couldn''t help but notice that even with a booming $70 billion industry on their side, the poor didn''t seem any better off. Exorbitant interest rates led borrowers into never-ending debt spirals, and aggressive collection practices resulted in cases of forced prostitution, child labor, suicide, and nationwide revolts against the microfinance community.
Sinclair weaves a shocking tale of a system increasingly focused on maximizing profits—particularly once large banks got involved. He details his discovery of several scandals, one of the most disturbing involving a large African microfinance institution of questionable legality that charged interest rates in excess of 100 percent per year and whose investors and supporters included some of the most celebrated leaders of the microfinance sector. Sinclair''s objections were first met with silence, then threats, attempted bribery, and a court case, and eventually led him to become a principal whistleblower in a sector that had lost its soul.
Microfinance can work—Sinclair describes moving experiences with several ethical and effective organizations and explains what made them different. But without the fundamental reforms that Sinclair recommends here, microfinance will remain an "investment opportunity" that will leave the poor with hollow promises and empty pockets.
Hugh Sinclair worked with several microfinance institutions around the world. He couldn''t help but notice that even with a booming $70 billion industry on their side, the poor didn''t seem any better off. Exorbitant interest rates led borrowers into never-ending debt spirals, and aggressive collection practices resulted in cases of forced prostitution, child labor, suicide, and nationwide revolts against the microfinance community.
Sinclair weaves a shocking tale of a system increasingly focused on maximizing profits—particularly once large banks got involved. He details his discovery of several scandals, one of the most disturbing involving a large African microfinance institution of questionable legality that charged interest rates in excess of 100 percent per year and whose investors and supporters included some of the most celebrated leaders of the microfinance sector. Sinclair''s objections were first met with silence, then threats, attempted bribery, and a court case, and eventually led him to become a principal whistleblower in a sector that had lost its soul.
Microfinance can work—Sinclair describes moving experiences with several ethical and effective organizations and explains what made them different. But without the fundamental reforms that Sinclair recommends here, microfinance will remain an "investment opportunity" that will leave the poor with hollow promises and empty pockets.
DETAILS
| Property | Description |
|---|---|
| ISBN: | 9781609945190 |
| Publisher: | Berrett-Koehler Publishers |
| Release Date: | July of 2012 |
| Language: | English |
| Format: | eBook |
| File Format and Compatibility: | PDF para ADE |
| Collection: | Bk Currents |
| Categories: |
eBooks in English
>
Economics, Finance and Accounting
>
Economy
|
| EAN: | 9781609945190 |
BOOKS FROM THE SAME COLLECTION
-
Learning From LeonardoeBook25%Berrett-Koehler Publishers31,74€ 20% + 5% CARD
-
Leading From The Emerging FutureeBook25%Berrett-Koehler Publishers34,93€ 20% + 5% CARD
-
Chile: Carretera Austral10%Bradt Travel Guides25,67€ 10% CARDfree shipping
-
Confessions Of A Microfinance Heretic10%Berrett-Koehler Publishers37,79€ 10% CARDfree shipping