Last month, the headlines of the world’s papers read déjà vu.  “Suicides in India linked to microfinance debt.”  “SKS Microfinance implicated in farmer suicides.”  The headlines may have differed, but the article was one and the same, penned by

Last November 17th, for the closure ceremony of the Global Microcredit Summit in Valladollid, Nobel Prize Muhammad Yunus advanced his speech to arrive on time for the next day conference on Social Economy and Social Business held by the European Comission.

I had the opportunity to attend different sessions on Social Businesses with Professor Yunus, one of them being more intimate and out

Despite all the current sometimes emotional debates on the lack of evidence on its impact and on a possible crisis, Micro-Finance (MF) has undergone a tremendous evolution in intellectual and practical terms. In practical terms Micro-Finance has evolved into a diverse multi-billion dollar industry.

In this article I would not like to demonstrate the impact of MF with data or with an academic explanation. I thought it useful to look at the question from the perspective of what a democracy is and what its citizens may expect from their government.