Microcredit: All Dressed Up and No Place to Go

Chicago , April, 20 2006 - Has the widespread enthusiasm for microfinance transformed a noble idea into a panacea? Thomas Dichter, long-time practitioner in the international development industry and author of "Despite Good Intentions: Why Development Assistance to the Third World Has Failed," takes a critical look at the microcredit movement and argues that it has done more harm than good.

by Thomas W. Dichter, also the author of the book "Despite Good Intentions"