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Business Daily: Microfinance at a turning point

09/05/2011

Microfinance at a turning point

BBC World Service - Business Daily, Microfinance at a turning point

Is microfinance at a turning point? Accusations of greedy lenders have spoilt its image

Is microfinance at a turning point? Accusations of greedy lenders have spoilt its image. Plus, a controversial view from Lucy Kellaway on the drive to get more women on boards.

Is microfinance at a turning point? Questions are being asked about the interest rates charged and profits made by microfinance lenders. Regulators in India have tried to tighten the rules. BBC reporters in India, Kenya and Brazil discuss how the industry has been affected in their region. Lesley Curwen talks to David Lascelles of the Centre for the Study of Financial Innovation about whether microfinance is undergoing a moral crisis.

Plus, Lucy Kellaway of the Financial Times takes a controversial view on the drive to get more women on boards.

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