Tiny loans to poor people were seen as a path to prosperity, but they haven’t improved most borrowers’ economic situation.

Microfinance encompasses the provision of small-scale financial services—typically loans, savings and insurance—to individuals excluded from formal banking systems, with women often targeted as ...

Development requires market-based reform of sclerotic national economies, not tiny loans to village businesses.

Managing Director, IBILE Microfinance Bank, Adegboyega Kazeem, operates within the intersect of financial exclusion, environmental concerns, energy challenges and other socio-economic, political ...