Blog Archives

Does Microfinance Break the Cycle of Poverty?

The story of microfinance has always been compelling in its simplicity: A poor entrepreneur receives a loan. The loan enables her to purchase equipment or goods. She is then able to sell or increase sales of homemade clothes or fresh fruit. The new or increased sales bring in more income which she uses to pay Read more…

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Bringing It All Home: The Challenges of Microfinance in the US

At the Chicago Microfinance Conference last Friday (at University of Chicago’s Booth School of Business), a panel of experts from four domestic microfinance organizations discussed the ongoing challenges of offering financial solutions to underserved individuals in the United States. The panel “Microfinance in the US: Where Are We Now and How Far Can We Go?” was moderated by Read more…

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Chicago Microfinance Conference: Can Technology Innovations Transform Microfinance?

At the 6th Annual Chicago Microfinance Conference on Friday, a panel of experts explored the possibilities and pitfalls of ever-changing technology in the microfinance industry. Moderator Preeth Gowdar, Kellogg School of Management, led the session entitled “Getting ‘Techy:’ Can Technology Innovations Transform Microfinance?” Gowdar started out with a story about when he was working in Read more…

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