Nithya Natarajan

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Bangladeshi garment workers protest to demand payment of wages, April 2020. Monirul Alam/EPA-EFE

Microfinance loans could spell disaster in the time of coronavirus

Vincent Guermond, Royal Holloway, University of London; Laurie Parsons, Royal Holloway, University of London; Nithya Joseph, Institut de recherche pour le développement (IRD), and Nithya Natarajan, King's College London

When the Nobel Peace Prize was awarded to Bangladeshi economist Muhammad Yunus in 2006 for his concept of microfinance, it brought what began as a local policy experiment in the 1970s to global attention…

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