Microfinance aimed to foster prosperity but stoked hardship for those borrowers who took on debt they couldn’t afford.

Cambodian Microfinance Institutions (MFIs) backed by international investors have aggressively marketed loans to Indigenous communities, targeting the value of their land as collateral for loans.

Microfinance, in which tiny loans are issued in communities not served by traditional banks, was presented as a capitalist cure-all for global poverty, gender inequality and lack of access to ...

The Financial Services Commission and the Korea Inclusive Finance Agency are introducing three new Smile Microfinance products targeting young people and financially vulnerable groups. The new "Youth ...

Over-optimistic assumptions about the transformative impact of microfinance loans on the incomes of borrowers have been a consistent feature of the industry for years. Over-valuation of the assets ...

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