Making Markets Safe for the Vulnerable – From “Good Intentions” to “Concrete Actions”
MAKING MARKETS SAFE FOR THE VULNERABLE. FROM “GOOD INTENTIONS” TO “CONCRETE ACTIONS”
On September 5, 2014, Chuck Waterfield, CEO of MFTransparency, gave the opening presentation in a plenary session at the Micro Credit Summit in Mexico on the topic of “Making Markets Safe for the Vulnerable”. He challenged the microfinance industry representatives, the summit’s participants and the microfinance industry at large with the important questions:
– What price we charge the poor?
– How much profit we make off of the poor?
– How much debt we encourage the poor to take?
2. How should we define and enforce responsible practice?
In this follow up video after his presentation in Mexico, Chuck drills down the subject with additional powerful presentation slides giving insight to the questions – how much profit is too much in microfinance? Are there ethical limits to profits? Why self-regulation does not work?
Click below to watch the full video!