tag:blogger.com,1999:blog-6178547344217818498.post1859808587798384144..comments2023-11-26T16:59:51.483-08:00Comments on Prosper Lending Review: Classifying microcredit programsUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6178547344217818498.post-47284870110023958272009-02-10T07:57:00.000-08:002009-02-10T07:57:00.000-08:00Here are a few excerpts from the article I just li...Here are a few excerpts from the article I just linked to in the previous comment that are especially helpful to this discussion.<BR/><BR/>"I think this is creating a lot of misunderstanding and confusion in <BR/>the discussion about microcredit. We really don't know who is talking about what. I am proposing that we put labels to various types of microcredit so that we can clarify at the beginning of our discussion which microcredit we are talking about. This is very important for arriving at clear conclusions, formulating right policies, designing appropriate institutions and methodologies. Instead of just saying "microcredit" we should specify which category of microcredit. " <BR/><BR/><BR/>"Microcredit data are compiled and published by different organizations. We find them useful. I propose that while publishing these data we identify the category or categories of microcredit each organization provides. Then we can prepare another set of important <BR/>information — number of poor borrowers, and their gender composition, loan disbursed, loan outstanding, balance of savings, etc. under each of these categories, countrywise, regionwise, and globally." <BR/><BR/><BR/>"These sets of information will tell us which category of microcredit is serving how many poor borrowers, their gender break-up, their growth during a year or a period, loans disbursed, loans outstanding, savings, etc. The categories which are doing better, more support can go in their direction. The categories which are doing poorly may be helped to improve their performance. For policy-maters this will be enormously helpful. For analysis purpose this will make a world of <BR/>difference." <BR/><BR/><BR/>"I urge Microcredit Summit Campaign secretariat to present the information that they already collect on number of clients, number of the poorest among them, number of poorest clients that are women, number of clients that have crossed the poverty line ?broken down for each of the categories of microcredit. This will help donors to select the categories they would like to support. This sorting out is very important for the donors, as well as the policymakers."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-29129838368859327922009-02-10T07:48:00.000-08:002009-02-10T07:48:00.000-08:00Someone just shared with me an additional descript...Someone just shared with me an additional description from Dr. Yunus which is very helpful. This is from December 2008.<BR/><BR/><A HREF="http://www.grameen-info.org/index.php?option=com_content&task=view&id=28&Itemid=108" REL="nofollow">What is microcredit?</A>Anonymousnoreply@blogger.com