Make Poverty Business

Wharton Business School have published a good survey of some emerging problems in microfinance.  In Make Poverty Business we identified the problem that micro-loans tended to increase poor people's risk if not accompanied by micro-savings and micro-insurance.  Wharton now identify the problem that many new entrants are coming into the (unregulated) market, in some cases exploiting poor people and diluting the initial good intentions of reducing poverty.