Small change: Does ‘microlending’ actually fight poverty? - The Boston Globe

Small change: Does ‘microlending’ actually fight poverty? - The Boston Globe: "In the world of international aid, microcredit is a rock star. The practice of giving very poor people very small loans to start very small businesses has been hailed as one of the very few unambiguous success stories in the long, frustrating fight against Third World poverty. The pioneer of the practice, Bangladesh’s Grameen Bank, has disbursed more than $8 billion in unsecured loans, usually in amounts under $100, to people traditional banks ignore. Along with a 98 percent"