Ian Smillie, Freedom From Want: The Remarkable Success Story Of BRAC, The Global Grassroots Organization That's Winning The Fight Against Poverty Quotes

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This is the basis for the most important critique of microfinance. The poor are not entrepreneurs. The idea that more than a few will turn tiny loans into a viable business is simply unrealistic.

Ian Smillie, Freedom from Want: The Remarkable Success Story of BRAC, the Global Grassroots Organization That's Winning the Fight Against Poverty