Your English writing platform
Discover LudwigSuggestions(1)
Exact(5)
Microfinance experts worry that a government takeover of Grameen Bank may turn it into a tool of political patronage and destroy it.
We are calling all microfinance experts, banks, investors, regulators, technology firms, universities and of course NGOs, to pitch us content and contribute to our coverage.
In his speech to microfinance experts at the symposium in Turin, Masiyiwa recounted a story about the judge in Zimbabwe who granted Econet Wireless's licence in 1998, saying that 70% of people in the country had never heard a telephone ring.
Banks and nonprofit groups can be loath to lend money to micro-entrepreneurs because of the small size of the loans, sometimes just a few hundred dollars, and because the recipients' credit histories may be poor or nonexistent, microfinance experts say.
But veteran microfinance experts are quick to remind scoffers about the typical alternatives a village moneylender who might charge interest rates three or more times as high.
Similar(55)
And down the line from Washington DC, we'll be joined by David Roodman, microfinance expert and senior fellow at the Center for Global Development.
They pitched their start-up idea in front of judges such as Muhammad Yunus, the microfinance expert who won a Nobel Peace Prize, as well as executives from the United Nations World Food Programme, among others.
A new whistleblowing book by British microfinance expert Hugh Sinclair, Confessions of a Microfinance Heretic, exposes a particularly painful truth: What has been promoted as a charity structured to empower the poor in fact is camouflage for heavy-handed loan sharking that regularly victimizes its so-called beneficiaries.
Microfinance expert David Roodman points out that the authors of Portfolios of the Poor: How the World's Poor Live on $2 a Day suggest that the biggest challenge of poverty isn't necessarily how small your income is but rather how variable and unpredictable it can be.
In fact, the success of so many microfinance initiatives leads experts to believe that the industry is poised for further accelerated growth.
Around the world, development experts believed microfinance was an ideal way to alleviate poverty, a smart way to "do good" while also "doing well".
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com