Ever since I was first introduced to the idea of microfinance I have loved it. My friend Eric was fortunate enough to attend the microfinance conference at the University of Chicago the other week and posted his thoughts following it.

Helping people is why microfinance exists and why all of us are so passionate about it but that doesn’t mean we shouldn’t think about it like a business. Business is not a bad thing. It values efficiency which is going to be critical in taking microfinance to the next level. The more efficient microfinance becomes, the more people we can ultimately help and the better we can serve the worlds poor.

I couldn’t have said it better.

I’m looking forward to getting a moment to read a book that Eric has strongly recommended.