Ideas to Action:

Independent research for global prosperity

David Roodman's Microfinance Open Book Blog

Draft chapters, burning questions, useful sources.

X

David Roodman's Microfinance Open Book Blog

Feed

 

Ad Challenges Nicaraguan “Movimiento de No Pago”

Chale Espinosa sent me these scans of a full page ad placed in the Nicaraguan paper La Prensa yesterday by 25 international funders of microfinance. They are evidently worried about the growing political power of a movement for non-payment or cancellation of microcredit debts. I cannot provide much more context because I lack it myself. Perhaps others can fill it in. English text courtesy of Google Translate below.