There has been some serious abuse of microfinance. A lot of MFIs - microfinance institutions - have been messing up the last mile in serious ways. Charging ridiculously high rates is one of them. Some debt collection methods have been shady.
Showing posts with label Non-profit organization. Show all posts
Showing posts with label Non-profit organization. Show all posts
Tuesday, February 01, 2011
Non Profit Microfinance Vs For Profit Microfinance: The Stupid Debate
There has been some serious abuse of microfinance. A lot of MFIs - microfinance institutions - have been messing up the last mile in serious ways. Charging ridiculously high rates is one of them. Some debt collection methods have been shady.
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