Note on contributor
Janet Seeley is Professor of Anthropology and Health at the London School of Hygiene & Tropical Medicine and Head of the Social Science Programme of the MRC/UVRI Uganda Research Unit on AIDS. She has been involved in research on the social aspects of HIV since 1987.
Disclosure statement
No potential conflict of interest was reported by the author.
Notes
1. Donor funding in Bangladesh enabled microfinance institutions to offer poor people rates of interest on loans that are significantly lower than those charged by microfinance institutions in some other countries (Morduch Citation1998, Citation1999b).
2. The consequences for people with problems repaying loans have been played out with tragic consequences in India, Bangladesh and elsewhere with a spate of suicides of people unable to repay their loans (Bateman Citation2012; Karim Citation2011; Taylor Citation2012).
Morduch, Jonathan. 1998. Does Microfinance Really Help the Poor? New Evidence from Flagship Programs in Bangladesh. Research Program in Development Studies, Woodrow School of Public and International Affairs. Morduch, Jonathan. 1999b. “The Role of Subsidies in Microfinance: Evidence from the Grameen Bank.” Journal of Development Economics 60 (1): 229–248. doi: 10.1016/S0304-3878(99)00042-5 Bateman, Milford. 2012. “How Lending to the Poor Began, Grew, and Almost Destroyed a Generation in India.” Development and Change 43 (6): 1385–1402. doi: 10.1111/j.1467-7660.2012.01804.x Karim, Lamia. 2011. Microfinance and its Discontents: Women in Debt in Bangladesh. Minnesota: University of Minnesota Press. Taylor, Marcus. 2012. “The Antinomies of ‘Financial Inclusion’: Debt, Distress and the Workings of Indian Microfinance.” Journal of Agrarian Change 12 (4): 601–610. doi: 10.1111/j.1471-0366.2012.00377.x