Microfinance was supposed to bring upward mobility to millions in the developing world. Kiva and other organizations let people lend money to struggling entrepreneurs. But a new blockbuster book by a former industry insider is exposing the dark side of the micro-lending world. In a special co-production with KALW radio, Hugh Sinclair, the author of Confessions of a Microfinance Heretic, tells the story of how he learned the dirty truths behind this exploding banking sector.
Confessions of a Microfinance Hereticadmin