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Is Money for Microcredit Killing Savings with Kindness? | David …

Posted on : 03-02-2010 | By : admin | In : Uncategorized

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Why should a microfinance institution bother with the administrative and regulatory hassle in maintaining thousands or millions of small savings accounts when it can raise grants and low-interest loans from eager overseas investors? … Indonesia, with massive BRI, still also has massive absolute poverty and a massive chaos in Microfinance where most players recently agreed that it is defined as “ micro lending to economically active people”, contiuing the Microcredit myth …

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