[lbo-talk] Muhammad Yunus and the Grameen Bank win Nobel Peace Prize

Doug Henwood dhenwood at panix.com
Fri Oct 13 08:46:59 PDT 2006


On Oct 13, 2006, at 7:20 AM, Ira Glazer wrote:


> [fwiw, an acquaintance of mine worked with one of these Grameen-
> type banks in Uganda, and said that the repayment rate is much
> lower than what is advertised; she said there's a lot of hot air
> about how effective they really are]

I haven't looked into this in years, but Gina Neff did a piece on microfinance for LBO in 1996 and found lots of hype and little results: <http://www.leftbusinessobserver.com/Micro.html>.

Doug



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