Is it possible to change a whole industry? How about a multi-billion dollar industry? That’s the question that The Great Exchange is asking. Can we change the world of Microfinance?
Now, most people think of Microfinance as being an industry that isn’t really in need of change. It’s long been touted as the perfect solution to the problem of poverty. You give someone a loan to buy something like a sewing machine, from which they can make a profit and pay back the loan using the extra money they earn. Lives changed, stories and photos published.