Informal traders at Cape Town 's Grand Parade. Survival businesses that are here today and gone tomorrow cannot further long term devemlopment. Reuters/Mike HutchingsThis is part of a series of articles The Conversation Africa is running on financial inclusion and micro credit and their role in economic development. Post-apartheid South Africa provides ample evidence of … [Read more...] about How microcredit has hurt the poor and destroyed informal business | The Conversation
microcredit
From Zorro to Zombie: the rise and fall of the microcredit movement | The Conversation
Muhammad Yunus, founder of the Grameen Bank. The micro credit revolution he started has not been a panacea for poverty. EPA/Ulrich PerreyThis is part of a series The Conversation Africa is running on financial inclusion and micro credit and their role in economic development. Thirty years ago, the international development community was in a state of high excitement. The … [Read more...] about From Zorro to Zombie: the rise and fall of the microcredit movement | The Conversation
