Due Diligence

Due Diligence

An Impertinent Inquiry into Microfinance

Author:
David Roodman
ISBN:
9781933286488
ISBN10:
1933286482
Publisher:
Centre for Global Development
Language:
English
Binding:
Paperback
Publication date:
2011-11-01
Illustrated:
No
Size:
23x229x152 mm
Weight:
499 gram

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Due Diligence
David Roodman
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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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General information

Title:
Due Diligence
ISBN:
9781933286488
ISBN-10:
1933286482
Author:
David Roodman

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