[change] nuanced view of microcredit

http://www.wilsoncenter.org/index.cfm?essay_id=361250&fuseaction=wq.essay is a good read for those interested in microfinance. it presents a more subtle view of how microcredit is working across the world. also check out http://vsla.net/ for a newer microfinance model that seems to work better in urban slums and more rural villages.