Rebecca Mwanza inspects a hammer-mill. Credit: Lewis Mwanangombe/IPS

    Prev Next

    ZAMBIA: Making the Most of Limited Capital

    LUSAKA, May 18, 2011 (IPS) - Proponents of microfinance often portray it as the empowering extension of credit to vulnerable but diligently self-employed poor people - often women - who support each other to improve their livelihoods as well as repay their loans. The image is true, to some extent, but in many parts of Africa, microfinance institutions have somewhat sharper teeth.

    keyboard shortcuts: previous photo next photo L view in light box F favorite < scroll film strip left > scroll film strip right ? show all shortcuts