Due Diligence (Paperback)

David Roodman

ISBN 10: 1933286482 / ISBN 13: 9781933286488

Published by Center for Global Development, Washington, 2011

About this Item

Paperback. 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? 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 otherfinancial services for the poor. 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 favour of other financial services for the poor. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.

Seller Inventory # 9781933286488

Bibliographic Details

• Title: Due Diligence (Paperback)
• Publisher: Center for Global Development, Washington
• Publication Date: 2011
• Language: English
• ISBN 10: 1933286482
• ISBN 13: 9781933286488
• Binding: Paperback
• Condition: new

About this title

Synopsis

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 Roodmans 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.

About the Author

David Roodman is a research fellow at the Center for Global Development. He has been architect and manager of the Commitment to Development Index since the project's inception in 2002.