Due Diligence

An Impertinent Inquiry into Microfinance

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions, Social Science
Cover of the book Due Diligence by David Roodman, Brookings Institution Press
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Author: David Roodman ISBN: 9781933286532
Publisher: Brookings Institution Press Publication: January 1, 2012
Imprint: Center for Global Development Language: English
Author: David Roodman
ISBN: 9781933286532
Publisher: Brookings Institution Press
Publication: January 1, 2012
Imprint: Center for Global Development
Language: English

The idea that small loans can help poor families build businesses and exit poverty has blossomed into a global movement. The concept has captured the public imagination, drawn in billions of dollars, reached millions of customers, and garnered a Nobel Prize. Radical in its suggestion that the poor are creditworthy and conservative in its insistence on individual accountability, the idea has expanded beyond credit into savings, insurance, and money transfers, earning the name microfinance. But is it the boon so many think it is?

Readers of David Roodman's openbook blog will immediately recognize his thorough, straightforward, and trenchant analysis. Due Diligence, written entirely in public with input from readers, probes the truth about microfinance to guide governments, foundations, investors, and private citizens who support financial services for poor people. In particular, it explains the need to deemphasize microcredit in favor of other financial services for the poor.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The idea that small loans can help poor families build businesses and exit poverty has blossomed into a global movement. The concept has captured the public imagination, drawn in billions of dollars, reached millions of customers, and garnered a Nobel Prize. Radical in its suggestion that the poor are creditworthy and conservative in its insistence on individual accountability, the idea has expanded beyond credit into savings, insurance, and money transfers, earning the name microfinance. But is it the boon so many think it is?

Readers of David Roodman's openbook blog will immediately recognize his thorough, straightforward, and trenchant analysis. Due Diligence, written entirely in public with input from readers, probes the truth about microfinance to guide governments, foundations, investors, and private citizens who support financial services for poor people. In particular, it explains the need to deemphasize microcredit in favor of other financial services for the poor.

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