Susan Raymond, Senior Managing Director of Research Evaluation and Strategic Planning for Changing our World, is interviewed at Tactical Philanthropy on the shifting tectonic plates of business, finance, philanthropy and public policy. My notorious remark about micro-finance as micro-loan-sharking comes up. Among serious people I often do feel like a Fool.
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March 30, 2007
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Hey Phil,
Then you would be a fool in good company. The Christian Science Monitor
reports Noble Prize winner Dr. Muhammad "Yunus is wary of microfinance as a profit vehicle. 'Maybe banks can make a profit from it. There's no harm in it," says Yunus from his home in Bangladesh. 'But this is what loan sharks do.'"
Peace,
Gayle
Fundraising for Nonprofits
gayleroberts.com/blog/
Posted by: Gayle Roberts | March 30, 2007 at 07:14 PM
Ah, thank so you so much, Gayle! I feel much better.
Posted by: Phil | March 30, 2007 at 07:45 PM