April 19, 2010 - High interest rates have always been a contentious issue in the microfinance industry, with some calling for government-imposed caps. In the April 2010 issue of the CQ Global Researcher, Alex Counts, president of Grameen Foundation, argues against capping rates and urges governments to instead work with microlenders to accelerate the current market-based process.
“Reprinted with permission from CQ Press”
"At Issue: Should governments cap microloan interest rates?", Glazer, S. (2010, April 1). Evaluating microfinance. CQ Global Researcher, 4, 79-104.