Microfinance - a tentative neo-Marxist diagnosis, and what next?
Karl Marx postulated that the owners of capital could use it to exploit those who only have their labour to sell; this article demonstrates private capital can use microfinance lending to extract the surplus from poor people in developing countries by charging high interest rates on loans that they use for running microbusinesses. The author makes recommendations that may help to make microfinance less exploitative.- Value chain financing: evidence from Zambia on smallholder access to finance for mechanization
- Developing agro-pastoral entrepreneurship: bundling blended finance and technology
- Building frontline market facilitators' capacity: the case of the ‘Integrating Very Poor Producers into Value Chains Field Guide’
- Development impact bonds: learning from the Asháninka cocoa and coffee case in Peru
- Trade-off between outreach and sustainability of microfinance institutions: evidence from sub-Saharan Africa