Tejal Desai, KF16, Sierra Leone
“Microfinance is not aid. This is the common misconception.” The words echoed through my head during a morning meeting at BRAC Sierra Leone’s country office with microfinance representatives from various organizations and banks in Sierra Leone, all present to discuss the state of local microfinance. I learned that an overwhelming majority of these microfinance providers shared a common challenge: scaling microfinance and infusing economic sustainability into an environment dominated by aid and financial dependency.
Aid: What...Continue Reading >>