Microfinance's Social Impact: Cutting Through the Hype

When

This event took place on 21 Jul 2010 at 6:30 pm.

Details

A number of recent randomized control trial studies have questioned long-held beliefs about the impact of microfinance on poverty.  The findings have generated controversy and some misinterpretation among practitioners and the media. The research has raised questions about what microfinance's role is or should be in strategies for economic development. 

Portfolios of the Poor co-author Jonathan Morduch is joined by a panel of researchers and experts to discuss what the data really means, its strengths, weaknesses and its implications for the microfinance industry as a whole.

Participants

Jonathan Morduch

Jonathan Morduch has taught at NYU since 2000, where he is a Professor of Public Policy and Economics. He focuses on finance and development. He is also the Managing Director of the Financial Access Initiative, a consortium of leading development economists focused on substantially expanding access to quality financial services for low-income individuals.

David Roodman

David Roodman is a senior fellow at the Center for Global Development focusing on microfinance, debt relief, and climate change. His widely praised book, Due Diligence, confronts bottom-line questions about the impacts of microfinance, and how it should be supported.

Jody Rasch

Jody Rasch is a Senior Vice President at Moody’s Investors Service with over 30 years experience in the financial markets. He is a member of the Social Performance Task Force and is leading Moody's development of metrics on MFIs' social performance.

Christopher Dunford

Christopher Dunford is President of Freedom From Hunger, an international development organization working in seventeen countries across the globe