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Is Microfinance Helping or Hurting?

Is Microfinance Helping or Hurting?(5)

October 23, 2009

Microfinance institutions have become fixtures in small villages and poor towns. They provide women with both money and a sense of autonomy and purpose. A year ago I decided to venture to India and get involved in this new wave of socially responsible banking. I began to realize that social responsibility was not the objective of these lenders but simply a veil to cover the true goal: money, money and more money.

Is Microfinance Helping or Hurting?
Nobel Laureate Barack Obama?

Nobel Laureate Barack Obama?

I woke up this morning to the news that President Barack Obama has been awarded a Nobel Peace Prize.  Let me say this again: a Nobel Peace Prize.  What did he do, again?  Did I miss something while I was burying my head in the books stacked in Lehman library?  Did I skim through some [...]

From Pretoria to New Delhi: Behind the Jewelry of Pieter Erasmus

From Pretoria to New Delhi: Behind the Jewelry of Pieter Erasmus

St. Erasmus’s New Delhi workshop sits on a narrow road with missing sections of blacktop. SIPA alumnus Yoyce Jones interviews South African-born jewelry designer Pieter Erasmus about apartheid, arts and crafts, and how it felt to see Michelle Obama wearing one of his creations.

Holding Police Accountable: Cambridge vs. New Delhi

Holding Police Accountable: Cambridge vs. New Delhi

In Delhi, the chances of an individual managing to hold police accountable for abuse are as slim as finding a slice of ice on the city’s sweltering sidewalks at noon. Over my eight months in New Delhi, I have witnessed police constables bribe or pertly slap offenders at best and, at worst, jam batons into rib cages.


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