New York University economics professor and microfinance expert Jonathan Morduch doubts that most microfinance institutions will be self-sustaining in the future. But he does believe donor money can be put to better use to help institutions diversify their funding sources, as Grameen has done in Bangladesh.
View more of our interview with Jonathan Morduch.
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About the author
David Lepeska
David has served as U.N. correspondent for the newswire UPI and reported for several major newspapers, including the New York Daily News and Newsday. He was chief correspondent for the Kashmir Observer in Srinagar, India, and regularly contributes to the Economist, among other publications. Since 2007, David has reported for Devex News from Washington, New York, as well as South Asia.