Microfinance was supposed to bring upward mobility to millions in the developing world. Kiva and other organizations let people lend money to struggling entrepreneurs. But a new blockbuster book by a former industry insider is exposing the dark side of the micro-lending world. In a special co-production with KALW radio, Hugh Sinclair, the author of Confessions of a Microfinance Heretic, tells the story of how he learned the dirty truths behind this exploding banking sector.

ON Making Contact | October 18, 2012 | 12:30 pm

Confessions of a Microfinance Heretic

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Microfinance was supposed to bring upward mobility to millions in the developing world. Kiva and other organizations let people lend money to struggling entrepreneurs. But a new blockbuster book by a former industry insider is exposing the dark side of the micro-lending world. In a special co-production with KALW radio, Hugh Sinclair, the author of Confessions of a Microfinance Heretic, tells the story of how he learned the dirty truths behind this exploding banking sector.

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