11:57pm

Mon July 23, 2012
Economy/Labor/Biz

Today on Your Call: Who benefits from microfinance?

On today’s Your Call, we’ll have a conversation with Hugh Sinclair, the author of Confessions of a Microfinance Heretic: How Microlending Lost Its Way and Betrayed the Poor. Sinclar argues that with a few exceptions, the $70 billion dollar industry is filled with corruption. What do you want to know about how this industry operates?  Join us live at 10am PST or post your comments here.  Have you donated money to a microfinancing institution? What will it take to ensure they actually help the poor? It’s Your Call, with Rose Aguilar and you.

Guests:

Hugh Sinclair, a microfinance strategy and portfolio management consultant, and the author of Confessions of a Microfinance Heretic: How Microlending Lost Its Way and Betrayed the Poor

Julia Kurnia, the Director of Zidisha, the first peer-to-peer microlending service to offer direct interaction between lenders and borrowers.

Web Resources:

Confessions of a Microfinance Heretic

Zidisha Microfinance

NY Times: With Squeeze on Credit, Microlending Blossoms

Berkeley Arts & Letters, July 24, 7:30pm, Hillside Club (2286 Cedar Street, Berkeley): Hugh Sinclair in conversation with Rose Aguilar

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