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By:David Roodman
Published on 2012 by CGD Books

The idea that small loans can help poor families build businesses and exit poverty has blossomed into a global movement. The concept has captured the public imagination, drawn in billions of dollars, reached millions of customers, and garnered a Nobel Prize. Radical in its suggestion that the poor are creditworthy and conservative in its insistence on individual accountability, the idea has expanded beyond credit into savings, insurance, and money transfers, earning the name microfinance. But is it the boon so many think it is? Readers of David Roodman's openbook blog will immediately recognize his thorough, straightforward, and trenchant analysis. Due Diligence, written entirely in public with input from readers, probes the truth about microfinance to guide governments, foundations, investors, and private citizens who support financial services for poor people. In particular, it explains the need to deemphasize microcredit in favor of other financial services for the poor.
This Book was ranked at 12 by Google Books for keyword Crazy Rich.
Book ID of Due Diligence's Books is CxGnCoLkt4QC, Book which was written byDavid Roodmanhave ETAG "lpAGF/dOuIk"
Book which was published by CGD Books since 2012 have ISBNs, ISBN 13 Code is 9781933286532 and ISBN 10 Code is 1933286539
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Book which have "275 Pages" is Printed at BOOK under CategoryBusiness and Economics
Book was written in en
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