Can Impact Investing Avoid the Failures of Microfinance?
Harvard Business Review
JUNE 8, 2018
One school of thought held that, for microfinance to scale and attract and maintain commercial capital, it needed to show that it could achieve market rates of return. The Working World, which provides loans to worker-owned cooperatives in the U.S. Second, should microfinance make money, and if so, how much?
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