Thursday, March 20, 2008

Microfinance Fever

Forbes Magazine’s Mathew Swibel ‘s discusses the increased awareness the microfinance sector has been receiving from global investors. In particular the microfinance sector has enticed many private and high-profile investors to participate in this dynamic and successful effort to alleviate poverty through self– sustained business practices. Socially conscious investors are making wiser decisions as to how and who they decide to invest their money with. Ebay’s founder, Pierre Omidyar has been a long time investor and in the microfinance sector and has recently began to sell microfinance loans online. However, Swibel highlights that not all lenders are good lenders, a list of the Top Ten micro lenders has been provided, the United States does not fall under the top ten.

Microfinance Fever

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