16min chapter

KQED's Forum cover image

The ‘Seductive Promise’ and Peril of Microfinance

KQED's Forum

CHAPTER

Navigating Microfinance: Challenges and Alternatives

This chapter explores the complexities and nuances of microfinance, examining the roles of nonprofit and for-profit organizations. It highlights the importance of thorough research in selecting microfinance initiatives, critiques the effectiveness of existing models, and discusses alternative approaches to poverty alleviation beyond debt-based solutions. The conversation also emphasizes the need for transparency and critical assessment of microfinance’s impact on communities, particularly focusing on gender and representation.

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