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Another Approach: Investing in SMEs

Another Approach: Investing in SMEs

This is the first in a three-part series about small- and medium-sized enterprises In March of 2008, James Surowiecki wrote an article for the New Yorker, titled “What Microloans Miss,” that suggests that the disproportionate amount of attention given to microfinance has steered funding away from other avenues for development.  A year and a half later, the Boston Globe included a piece on two recent studies on microfinance questioning its efficacy,  titled “Small Change.” Both articles revolve around the same…

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