The Myth of Microloans

October 19, 2006 | This article appeared in the November 6, 2006 edition of The Nation.

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Nobel Peace Prize winner Muhammad Yunus has helped a lot of poor women, but
the basic problem in developing countries is landlessness. A $130
microloan won't solve that problem.

About the Author

Alexander Cockburn

Alexander Cockburn, The Nation's "Beat the Devil" columnist and one of America's best-known radical...

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