Event Detail

Microfinance Debate

Monday, March 30, 2009


Microfinance Debate


Monday, March 30

7:00 PM

Edmunds Ballroom, Pomona College Campus


Microfinance has gained prominence over the years with the advent of the Grameen Bank and other similar financial institutions as an innovative effort to alleviate extreme poverty around the world.  As microfinance institutions have grown in size and number, they have become increasingly focused on maximizing profit for their investors, creating more opportunities for investors and recipients alike while drawing criticism from many for taking advantage of the poor.


The Pomona Student Union (PSU) is pleased to host two leaders in microfinance to debate the place of investor profit in the industry.


Sam Daley-Harris is the director of the Microcredit Summit Campaign, which is working to help boost the UN’s Millennium Development Goals, and has authored one book and edited another on the topic of alleviating poverty.  He has been outspoken in his criticism of microfinance funds operating for large investor profits.


Elizabeth Funk is the CEO of Dignity Fund as well as the co-founder of Unitus Investment Groups.  She has played a significant role in supporting the rapid growth and commercialization of the microfinance industry.



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