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Current revelations about the role of Nobel Prize winner Muhummad Yunus within the alleged misuse of $one hundred million by the Grameen Banks (and the cover-up of that misallocation) have begun to impress overdue discussions on the value of microfinance in the growing world. Arguments in opposition to microfinance heart around the declare that it’s a improvement strategy more and more compelled on the poor, and that those who are claimed to learn from it essentially the most–poor girls–are actually its chief victims. Critics have lengthy sought a platform to reveal the weaknesses and explode the myths supporting microfinance.

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