Comments on: “The hype is long over” – Microfinance CEOs respond to Washington Post article “Microfinance doesn’t end poverty, despite all the hype.” http://cfi-blog.org/2012/03/23/the-hype-is-long-over-microfinance-ceos-respond-to-washington-post-article-microfinance-doesnt-end-poverty-despite-all-the-hype/ Wed, 01 Jul 2015 13:41:08 +0000 hourly 1 http://wordpress.com/ By: massimochiaia http://cfi-blog.org/2012/03/23/the-hype-is-long-over-microfinance-ceos-respond-to-washington-post-article-microfinance-doesnt-end-poverty-despite-all-the-hype/#comment-3451 Sun, 15 Apr 2012 09:07:11 +0000 http://centerforfinancialinclusionblog.wordpress.com/?p=5514#comment-3451 Dear Meghan, I completely agree with the MF CEO Working group. Anyway I would like to focus on the priorities of:
“education, health care, basic nutrition, the rule of law, infrastructure – and access to a variety of financial services especially designed for the poor, including credit.”
You just wrote the right order in my point of view : Education is essential to achieve knowledge, to build hospitals, to produce local food and water, to ensure some fundamental human rights, to build infrastructure and finally to maturely access finacial services. Don’t start the novel from the epilogue, please let’s start from the prologue: Education together with basic financial access as tool to provide education access to more and more children.
Please consider we need more open minded and creative educational paradigmas also in our “rich” western world in order to really address such an NP complete problem like poverty on planet Earth.

]]> By: sd kanu http://cfi-blog.org/2012/03/23/the-hype-is-long-over-microfinance-ceos-respond-to-washington-post-article-microfinance-doesnt-end-poverty-despite-all-the-hype/#comment-3257 Fri, 06 Apr 2012 21:12:23 +0000 http://centerforfinancialinclusionblog.wordpress.com/?p=5514#comment-3257 Thank you working group for the apt response. Poverty has many causes and therefore many solutions not simply access to credit.

MF practitioners have far more work to do than all these debates which neither contribute to putting food on the poor family’s table nor to paying kids school fees.

]]> By: saha dev http://cfi-blog.org/2012/03/23/the-hype-is-long-over-microfinance-ceos-respond-to-washington-post-article-microfinance-doesnt-end-poverty-despite-all-the-hype/#comment-3103 Sun, 25 Mar 2012 03:50:26 +0000 http://centerforfinancialinclusionblog.wordpress.com/?p=5514#comment-3103 The objectives of micro finance is not just ending poverty but encompass a larger canvas. Financial inclusion, inculcating thrift, access to hassle free credit are the more important objectives. Micro finance is one essential ingredient in the recipe for progress out of poverty.

]]> By: droodman http://cfi-blog.org/2012/03/23/the-hype-is-long-over-microfinance-ceos-respond-to-washington-post-article-microfinance-doesnt-end-poverty-despite-all-the-hype/#comment-3096 Fri, 23 Mar 2012 19:36:18 +0000 http://centerforfinancialinclusionblog.wordpress.com/?p=5514#comment-3096 Dear Microfinance CEOs,
I of course largely agree with almost all of what you write. Whether the Post headline is silly, though, I am less sure. Do you know their audience better than we do? My blog reply is here:
http://blogs.cgdev.org/open_book/2012/03/maybe-not-so-silly.php

Thank you.

]]>