Chapter 7 of my book analyzes the impacts microfinance through Amartya Sen's definition of "development as freedom." It focuses on credit, the financial service whose impacts on freedom are most ambiguous. Perusing the thoughtful commentary on the blog post for the chapter draft, I was struck by how most of it deals in concepts.
It's been almost four months since I posted a chapter draft (chapter 4). Now I'm posting chapter 7 (in Word formatpdf). [Update: added quotes from CARE studies in Bangladesh.] So I have some explaining to do.
