Comments on: Live Locally, Think Globally http://sdmicrofinance.org/live-locally-think-globally/ Micro-Finance in San Diego Sun, 02 May 2010 16:23:27 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Vanessa http://sdmicrofinance.org/live-locally-think-globally/comment-page-1/#comment-29 Vanessa Thu, 09 Jul 2009 20:25:04 +0000 http://sdmicrofinance.org/?p=242#comment-29 Personally, one of the greatest appeals of microcredit is its ability to give you the greatest return on your philanthropic investment. This concept was really solidified for me when I read the book "A Billion Bootstraps" by Smith and Thurman, and its thorough discussion into the value of reinvestment in the microfinance sector. (See, http://www.amazon.com/Billion-Bootstraps-Microcredit-Barefoot-Business/dp/0071489975/ref=sr_1_1?ie=UTF8&s=books&qid=1247170814&sr=8-1) As we consider returns on investment though, I wonder--at what point do interest rates charged to borrowers cross the line of acceptable and into profitable for the gain of the lending organization? Personally, one of the greatest appeals of microcredit is its ability to give you the greatest return on your philanthropic investment. This concept was really solidified for me when I read the book “A Billion Bootstraps” by Smith and Thurman, and its thorough discussion into the value of reinvestment in the microfinance sector.

(See, http://www.amazon.com/Billion-Bootstraps-Microcredit-Barefoot-Business/dp/0071489975/ref=sr_1_1?ie=UTF8&s=books&qid=1247170814&sr=8-1)

As we consider returns on investment though, I wonder–at what point do interest rates charged to borrowers cross the line of acceptable and into profitable for the gain of the lending organization?

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