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Microcredit: Put to the test – Economist

May 16th 2013, 13:02 by M.B. | NEW YORK   ONCE illustrated with pictures of happy village women engaged in lending circles, and celebrated as an ideal charitable activity that helps people earn their way out of poverty, in recent years microcredit has become increasingly controversial. Critics have argued that giving poor people a small affordable …
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The Migrant Cash Lifeline – NYT

The Migrant Cash Lifeline By MARIE ARANA Published: May 15, 2013 66 Comments Clay Blackmore   Every month, Tanita Alfaro, a diminutive night-shift office cleaner in Rockville, Md., puts aside $150 to send to her parents in an impoverished village near the Salvadoran city of San Miguel. Her husband walked 1,700 miles from their war-torn land to …
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Investing In Inclusion: How To Deliver Financial Services To The World’s Poor – Forbes

Editor’s Note: Michael Schlein brings more than 25 years of experience in international banking, management, and public service to his role as president and chief executive officer of Accion. Previously he served in senior executive roles at Citibank and the US Securities and Exchange Commission. Modern financial markets exclude billions of the world’s poor. That’s a …