Microfinance – Can it become a profit making business?
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Gianni |
Most of you know Grameen’s story and how it pioneered the idea of microfinance starting from the poorest areas of Bangladesh and extending to other parts of the world, including the US. Given its success, microfinance has attracted over time the attention of ‘for-profit’ lenders. The question I would like to pose here is: can a successful social business be scaled up through for-profit ventures? To get the discussion started, here’s a BBC World report titled ‘Microfinance for profit’. It appeared on BBC World’ Business Daily program on Wednesday June 8, 2011. Enjoy the listening and looking forward to your reactions! |
