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Confessions Of A Microfinance Heretic Hugh Sinclair

  • SKU: BELL-56641280
Confessions Of A Microfinance Heretic Hugh Sinclair
$ 31.00 $ 45.00 (-31%)

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Confessions Of A Microfinance Heretic Hugh Sinclair instant download after payment.

Publisher: Berrett-Koehler Publishers
File Extension: EPUB
File size: 2.31 MB
Author: Hugh Sinclair
ISBN: 9781609945206, 1609945204
Language: English
Year: 2012

Product desciption

Confessions Of A Microfinance Heretic Hugh Sinclair by Hugh Sinclair 9781609945206, 1609945204 instant download after payment.

This memoir by a microfinance insider "is essential reading for anyone interested in development economics, a disturbing and yet ultimately hopeful exposé" (John Perkins, New York Times bestselling author of Confessions of an Economic Hitman).
This is the account of a microfinance true believer whose decade in the industry turned him into a heretic. Working with several microfinance institutions around the world, Hugh Sinclair realized that the $70 billion industry wasn't doing much to help the people it claimed to serve. In fact, exorbitant interest rates led borrowers into never-ending debt spirals, and aggressive collection practices resulted in cases of forced prostitution, child labor, suicide, and nationwide revolts against the microfinance community.
Sinclair weaves a shocking tale of a system increasingly focused on maximizing profits—particularly once large banks got involved. He details his discovery of several...

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