Reflecting on Microfinance: The Problem of the “Missing Middle”
By Brian Williams Most Westerners did not know anything about microfinance until Muhammad Yunus, an early initiator in the field, won the Nobel Prize in 2006. However, microfinance has been a tool for poverty alleviation since at least the 1970s, when the Self Employed Women’s Association (SEWA) in India, BRAC in Bangladesh, and ACCION in [...]