Research in Microfinance – Vijay Mahajan’s perspective

Vijay Mahajan has some great insights on the recent role of research in the evolution of the microfinance sector; Shamika Ravi rebuts. I have to say that the ‘acts of omission and commission’ by practitioners have hurt the sector far more than anything researchers could ever have done. At the same time, it draws attention to the recent debates on the politics of evidence-seeking – it matters what kind of evidence we are seeking and how our results are used. In this case, when a practitioner as eminent as Vijay Mahajan points out key research areas that are under-researched, the researcher community must pay attention. This is not a criticism of micro-level impact assessments – it is in fact a criticism of the fact that there haven’t been sufficient number of reliable research on microfinance at the ‘meso’ and ‘macro’ levels, as Vijay Mahajan defines it

Vijay Mahajan has some great insights on the recent role of research in the evolution of the microfinance sector; Shamika Ravi rebuts. I have to say that the 'acts of omission and commission' by practitioners have hurt the sector far more than anything researchers could ever have done. At the same time, it draws attention … Continue reading Research in Microfinance – Vijay Mahajan’s perspective

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Another heartwarming microcredit story

This time, from Nick Kristof. This is a good opportunity for me to rehash some old arguments! In this article, Kristof places his faith with village savings and loans associations (VSLAs), around multiple countries in Africa. If you want to understand some of the best new ideas to chip away at global poverty, an excellent place to start … Continue reading Another heartwarming microcredit story

More dirt on SKS: the pitfalls of chasing growth

This time, on The Hindu. Exceprts:One loan officer signed up 273 groups in a month. Under training protocols, the ideal number of groups formed per month is 12, the maximum is 36, according to field agents and reports written by Mr. Akula. “The focus is only on targets,” said Ramulu Sirgapur, who spent a decade … Continue reading More dirt on SKS: the pitfalls of chasing growth