Loan sharking and microfinance: What's the difference?

The Ecologist
Oct 6, 2014, 8:59 am20 pts
Microfinance - lending poor people small sums to capitalise sustainable, profitable livelihoods and businesses - is widely lauded as a 'good thing'. And at its best, so it is. But some micro-lenders in south Asia operate with the methods, and ethics, of loan sharks, write David Hulme & Mathilde Maitrot. Can…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on EcoTopical

Nigel Farage Has Mentioned Clacton Only Four Times in Commons

DeSmogBlog

Nigel Farage Has Mentioned Clacton Only Four Times in Commons 113

Last Chance to Get a Really Good Deal on a Very Capable Electric Vehicle

CleanTechnica

Last Chance to Get a Really Good Deal on a Very Capable Electric Vehicle 110

A heat wave hit New England’s grid. Clean energy saved the day.

Grist

A heat wave hit New England’s grid. Clean energy saved the day. 108

O, Canada! Who Stands On Guard For Thee?

CleanTechnica

O, Canada! Who Stands On Guard For Thee? 106

Sharks didn’t rebound—so Mark Erdmann is putting them back

Mongabay

Sharks didn’t rebound—so Mark Erdmann is putting them back 100

Musk will ask Tesla shareholders to vote on bailout for twitter/xAI

Electrek

Musk will ask Tesla shareholders to vote on bailout for twitter/xAI 90

Upcoming electric Bentley blends 1930s style with 2030s tech

Electrek

Upcoming electric Bentley blends 1930s style with 2030s tech 86

Urban Arrow’s FamilyNext Cargo Bike

CleanTechnica

Urban Arrow’s FamilyNext Cargo Bike 85

About EcoTopical

Welcome to EcoTopical Your daily eco-friendly green news aggregator.

Leaf through planet Earths environmental headlines in one convenient place. Read, share and discover the latest on ecology, science and green living from the web's most popular sites.

Featured

Princeton study maps 200,000 years of…

Princeton study maps 200,000 years of Human–Neanderthal interbreeding

BYD Sales Growth Leaves Tesla In The…

BYD Sales Growth Leaves Tesla In The Dust — Charts & Graphs

How Republican Policies to Kill EV &…

How Republican Policies to Kill EV & Solar Incentives Could Lead to More EV &…

Electric Cars Are 73% Cleaner, ICCT…

Electric Cars Are 73% Cleaner, ICCT Study Shows

Tesla launches new software update with…

Tesla launches new software update with Grok, but it doesnt even interface with…

Hyundai & Xpeng Highlight New EV Models At Goodwood

Florida cat sniffs out another new…

Florida cat sniffs out another new virus—and scientists are listening

Stellantis Joins Growing List Of…

Stellantis Joins Growing List Of Hydrogen Mobility Retreats

Tiny fossil with razor teeth found by…

Tiny fossil with razor teeth found by student — rewrites mammal history

Why America’s still freezing — even…

Why America’s still freezing — even as the world heats up