Critique of microfinance raises questions about efficacy, donor support of the industry

The microfinance industry is once again coming under fire for failing to deliver on poverty alleviation, income generation, education and women's empowerment impacts — this time as the result of a broad survey of microfinance programs. Devex looks into the survey's results and how industry watchers have responded.

About the author

  • Claire Luke

    Claire is a journalist passionate about all things development, with a particular interest in labor, having worked previously for the Indonesia-based International Labor Organization. She has experience reporting in Cambodia, Nicaragua and Burma, and is happy to be immersed in the action of D.C. Claire is a master's candidate in development economics at the George Washington Elliott School of International Affairs and received her bachelor's degree in political philosophy from the College of the Holy Cross.

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