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Politicized Microfinance: Money, power and violence in the Black Americas

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Politicized Microfinance: Money, power and violence in the Black Americas

When Grameen Bank was awarded the Nobel Peace Prize in 2006, microfinance was lauded as an important contributor to the economic development of the Global South. However, political scandals, mission-drift, and excessive commercialization have tarnished this example of responsible or inclusive financial development. Politicized Microfinance insightfully discusses exclusion while providing a path towards redemption.

About the Author

Caroline Hossein is an Associate Professor of Global Development and Political Science at the University of Toronto at Scarborough and the founder of the Diverse Solidarity Economies (DiSE) collective. Her research and teaching include African diaspora in the Global South; mutual aid; non-profits; international feminist political economy; and social finance.

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