What is an Economy (and Microfinance) For?

More and more I’m convinced that the primary purpose of microfinance is to assist in stabilizing and promoting the common well-being of a household. It can do this in a variety of ways, but most often through its provision of various financial tools to provide an environment of stability (and in some cases) growth. Furthermore,Continue reading “What is an Economy (and Microfinance) For?”

Some Pictures from the Recent Microfinance Business Training by Joe & Jerry (Westside Church)

Some pics from the recent successful microfinance business training by Joe and Jerry from Westside Church:  Some of our loan officers     Jerry and Esther  Joe and Linda (loan officer) Joe and Stephen (loan officer)  First group training – wonderful folk! Justine and a sweet girl  Francis leading some warm-up songs  Linda, Francis and Samuel Esther, Jerry,Continue reading “Some Pictures from the Recent Microfinance Business Training by Joe & Jerry (Westside Church)”

Pentecost, Poverty and New Possibilities

So my Dad passed along some excellent thoughts recently that have dovetailed nicely with some things that we have seen while working here in Nairobi. Dad mentioned that we know in some way that Peter (in Acts 2) was quite convinced that what had just happened (Pentecost) was in some way a fulfillment of JoelContinue reading “Pentecost, Poverty and New Possibilities”

Book Review of Hugh Sinclair’s “Confessions of a Microfinance Heretic: How Microlending Lost Its Way and Betrayed the Poor”

Hugh Sinclair has given us a very important and unnerving look into the world of microfinance. I doubt that any practitioner or student will read this book without self or company-wide reflection as to whether one is implicated in a similar kind of hypocrisy or disconnect between image and reality. The period of the lastContinue reading “Book Review of Hugh Sinclair’s “Confessions of a Microfinance Heretic: How Microlending Lost Its Way and Betrayed the Poor””