David Roodman

0 Challenging the claim that saving kids lives reduces population growth

A leading aid and development expert is challenging a popular claim made by Bill and Melinda Gates, health statistics wizard Hans Rosling and others in the humanitarian community often cited to counter the concern that saving kids lives in poor countries will exacerbate global population growth. It is sometimes described…

0 Microfinance visualized

It’s hard to actually follow the advice of the slogan to “Visualize World Peace.” But below is a pretty cool video that allows you visualize reducing poverty — or at least watch microloans flying all over the world. Thanks to David Roodman at the Center for Global Development for pointing…

1 Four answers to the question: Does microfinance work?

That, in a nutshell, was the question posed to a panel of microfinance experts at a Seattle forum earlier this week, sponsored by Global Washington and aimed at examining “The global implications of India’s microcredit crisis.” The answer: Yes and no. Of course. It’s actually an important, if impudent sounding,…

0 Has India jinxed microfinance?

The anti-poverty scheme known as microfinance is in crisis, or maybe several crises. The political sacking of Muhammad Yunus as head of the pioneering Grameen Bank, allegations of loan-shark profiteering by some microfinanciers and suicides of poor people caught in “debt traps” have led to a drumbeat of negative media…

0 Microfinance pioneer Muhammad Yunus ousted?

Update as of Friday afternoon: Still not clear. Muhammad Yunus, the Nobel Peace Prize winning economist who created the anti-poverty loan strategy known as microfinance, has reportedly been ordered by the Bangladesh government to step down from his pioneering institution the Grameen Bank. I say reportedly because the news, at…

7 Five reasons why microfinance is in crisis – and why it matters

The popular anti-poverty scheme of providing small loans and other financial services to poor people, generally known as microfinance, is in crisis. “In one sense, you could say it’s a coming of age,” says Alex Counts, CEO at the Grameen Foundation, a leading non-profit microfinance organization with offices in Seattle…

0 Microfinance flap keeps getting weirder

There is a crisis in the anti-poverty scheme microfinance, centered in India but reverberating globally. I posted on the local implications of this mess in October, before it exploded in India but back when there were signs of trouble. I’ve tried to keep up as it has gotten more intense…

2 India’s imploding microfinance industry update

The debate about microfinance in India is not really about whether or not it’s in crisis or at risk of imploding. It’s about why it’s in crisis and imploding. Jonathan Lewis, a social investor and microfinancier, goes over the basics in the Huffington Post and can’t seem to make up…