Part memoir, part financial detective story, and part expos, this work by a microfinance insider--previously an anonymous source for "The New York Times"--tells of banks seduced by the high pay-back rate of the loans, rampant corruption, exorbitant interest rates, and microloans leading to fraud, child labor, and even suicide.
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Part memoir, part financial detective story, and part expos, this work by a microfinance insider--previously an anonymous source for "The New York Times"--tells of banks seduced by the high pay-back rate of the loans, rampant corruption, exorbitant interest rates, and microloans leading to fraud, child labor, and even suicide.
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