Microcredit And Poverty Alleviation

"Looking at the good, bad, and room for improvement in the Gramen microfinance model of development, the book examines the principles that could, and perhaps should be followed by the microfinance institutions when considering why and when microfinance works - and when and why it fails to achieve its promise. Critically analyzing the ugly facts of the one-size-fits-all microfinance fancy model, the book bridges the gap between the claims that microfinance is a panacea for poverty alleviation and the counter-claims that caution against such enthusiasm."--BOOK JACKET.