When its rainmaking time interviewed microfinance steward and Grameen Bank founder Dr. Muhammad Yunus in 2003, microfinance institutions (MFIs) were rare and the general public had very little insight into the microlending paradigm. Guest Chuck Waterfield guides us as we take a deeper look into this revolutionary financial movement – and scrutinize core issues at the heart of public and media complaints of usury within the field. Chuck Waterfield, the CEO and President of MicroFinance Transparency and a 25-year microfinance veteran, has developed MFIs in Haiti and Bolivia and served as a microenterprise director for for MEDA and CARE International. He is responsible for Microfin, the most popular financial planning software in the microfinance industry. Today he offers business planning courses worldwide, is a faculty member of Columbia University’s School of International and Public Affairs, and continues to develop products and publications for the microfinance industry. Chuck Waterfield highlights and clarifies the processes, formulas, terminology, hopes, and history of this remarkable financial solution for humanity.
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