Although microcredit programmes have long been considered efficient development tools, many forms of debt-induced distress have emerged in their wake. This has

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 ima

In the mid-1980s the international development community helped launch what was to quickly become one of the most popular poverty reduction and local economic d

The success of Grameen Bank and the microcredit movement as a whole has proved the credit worthiness of the poor beyond question. Grameen II shows that the poor

Microcredit programmes, long considered efficient development tools, now face unprecedented crises in a number of countries. Is this the end of microcredit or r