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|Publisher||HARPER COLLINS PUBLISHERS|
|Authored By||Hugh Sinclair|
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Jan 12, 2013
Stupendous !!With lucid simplicity Hugh Sinclair describes the evils of micro-finance. Contrary to popular opinion it happens to even worse than money lenders. The book describes the qualifying criteria for a micro-finance crisis and the necessary ingredients for a breeding ground. It takes you on a tour of places where micro-finance has miserably failed to elevate poverty, including India. The only exception being Mongolia where the story is in stark contrast to the rest of the world because of active participation by the country's regulator.