links for 2007-12-19

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Comments

  1. Micro$kirt wrote:

    Re Microlending: BW starts off right, then nose dives, by overreaching here. That’s not what these “financial institutions” in Mexico are practicing, it’s pure usury in an unregulated environment.

    Microlending works because it’s focused on investment in development through enterprise (personal or communal), usually better when administered by a solidly accountable non-profit financial group which pools/shares the risk of the loans among those with ties to the community ultimately impacted. Otherwise, it’s exploitation.

    Two ways to do it right and responsibly (idiot BW ignored)

    Kiva
    http://www.kiva.org

    GlobalGiving
    http://www.globalgiving.com