By Drew Loizeaux, KF11, Uganda
When talking to people about microfinance, many times the poverty level of the clients is brought up as a big way to measure an organization’s success. I felt this way for a long time and it makes sense. We have all heard stories of a poor farmer expanding his business or a “phone women” in a Bangladeshi village. As I have spent more time at microfinance institutions however, I’ve realized that view is incomplete. Yes, empowering the poor is a very important part of microfinance, but they are only a subsection of the really important group...
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