9.28.2006

NextBillion.net - Development Through Enterprise | Eradicating Poverty through Profit

NextBillion.net - Development Through Enterprise | Eradicating Poverty through Profit: "The Business in Development Challenge, the world’s first international business plan competition for poverty reduction and profit, is taking place this week in Amsterdam. Hundreds of entrepreneurs, investors, NGOs, and government representatives have gathered on the eve of tomorrow’s award ceremony, when a 150,000 Euro prize pool will be divided among 15 or so winners."

9.22.2006

Dr. Yunus of the Grameen Foundation

Here's an interview with Dr. Yunus, the founder of the Grameen Foundation, and the operator of one of the largest microfinance banks in the world. He studied at Vandy and was a prof. at MTSU for awhile.

9.21.2006

Microfinance Gateway: Site Content: Hype and Hope: The Worrisome State of the Microcredit Movement

Andrew L. suggested I read this article below. I think this is a good place to start because it is sobering. People tend to get too excited about microfinance but do not have the experience or know how to make it work.

"Hype and Hope: The Worrisome State of the Microcredit Movement

Microcredit: All Dressed Up and No Place to Go

Has the widespread enthusiasm for microfinance transformed a noble idea into a panacea? Thomas Dichter, long-time practitioner in the international development industry and author of 'Despite Good Intentions: Why Development Assistance to the Third World Has Failed,' takes a critical look at the microcredit movement and argues that it has done more harm than good...Read more...