Confessions of a Microfinance Heretic
How Microlending Lost Its Way and Betrayed the Poor
Hugh Sinclair
The book critically examines the microfinance industry, revealing how it has deviated from its original mission of helping the poor and instead often exploits them with high-interest rates and aggressive repayment tactics. It provides an insider's perspective on the systemic issues within the sector and calls for significant reforms to ensure microfinance truly benefits those it was intended to serve.
See full summary