Posts written by Eugene Ellmen

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  1. Making microfinance work for the client

    August 1, 2013 - by Eugene Ellmen - 0 comments

    One of the lessons that we learned from the global financial crisis is that when you expose vulnerable borrowers to unprincipled lenders, the results can be disastrous. That was true of sub-prime borrowers in the US and Europe, and we are now finding it true of the large numbers of vulnerable microfinance borrowers exposed to unscrupulous lenders in the developing world.

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