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Microfinance for profit

A robust defence of making profits out of lending to the poor. Plus, a report on what is holding back Egypt's economy and a wry Irish view of the IMF.

The founder of the commercial microfinance lender SKS defends his business. Vikram Akula argues that the profit-making model allows for lending to many more poor people than a not-for-profit model. He rejects criticisms from the godfather of microfinance Muhammed Yunus who said SKS and other lenders has 'misused and abused' the original concept.

Plus, the ÃÛÑ¿´«Ã½'s Philip Hampsheir reports from Cairo on what is holding back Egypt's economy. And the Irish writer and comedian Colm O'Regan paints a wry and quirky picture of Ireland's view of the IMF.

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18 minutes

Last on

Wed 8 Jun 2011 11:32GMT

Broadcasts

  • Wed 8 Jun 2011 07:32GMT
  • Wed 8 Jun 2011 11:32GMT

Podcast