The composition of the microfinance sector is becoming increasingly hybridized, as microfinance institutions (MFIs) morph into profit-making entities, and global financial institutions such as Citigroup, Inc. or HSBC Holdings become (unintended) vectors of poverty alleviation (refer to “Global Financial Institutions…

A recent article on www.sramanamitra.com postulates that SKS Microfinance, which offers “several microfinance options to the poor in India for a variety of businesses from agriculture and livestock purchase to basket weaving and photography,” and has to date “provided over $550 million…

The intent of the microfinance movement has been to build “financial systems that work for the poor majority.”  The involvement of international financial institutions undoubtedly enhances this cause, enabling the poor to better access financial services.

As it turns out, ING Microfinance Support…