Apr
15th
Thu
15th
InVenture Fund: InVenture responds to the NY Times' coverage of microfinance interest rates & profits
Microcredit has been mired in controversy lately—most recently on the front page of the New York Times, where Neil MacFarquhar’s piece about the commercialization of the microlending industry paints a bleak picture of the future of this institution. He’s right to point out that, in the wrong…