Subscribe via RSS

Stay up-to-date on everything MFTransparency has to offer by following our RSS Feeds. You can follow all MFT updates, or select between just receiving only News or Resources updates.

Follow on Twitter

Follow the conversation: @MFTransparency

Like us on Facebook

Obama Calls Out Microfinance: Taking the Measure of Microfinance

Published on April 26, 2010

As the need for Microfinance Transparency (backed by many microfinance leaders) demonstrates, the microfinance industry has been less than honest with the donors and investors who back it, not to mention its impoverished client-borrowers. True APR loan interest rates charged by overseas microfinance institutions remain undisclosed in most parts of the world.About the author: Lewis is the founding Chair of MicroCredit Enterprises which lends debt capital to microfinance programs in 15 countries around the world. LAPO in Nigeria, which is referenced in the NY Times article, is a MicroCredit Enterprises partner. MicroCredit Enterprises is an active supporter of MFTransparency. Lewis is also the founding CEO of the Opportunity Collaboration, a global anti-poverty conference.

No Comments

Leave a Reply