Our blog posting on the state of global microlending last week carried cautionary statements by WBG representatives about the industry's need to maintain the delicate balance between profit-making and development.
At about the same time, practically across the street at our World Resources Institute friends' nextbillion.net blog, a heated discussion on this same topic broke out. We're linking to the relevant posting here. The string of comments was touched off, perhaps predictably, by a Stanford Social Innovation Review news article provocatively titled, "Microfinance Misses its Mark."
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