My husband and I took out a second mortgage to fund a microfinance initiative in his family's region and now the local coordinator has disappeared with some of the money. We're facing real financial strain at home, his family is asking questions we can't answer, and we're not sure whether to cut our losses or double down to try to help the borrowers who are caught in the middle.
More people experience this than they realize.
Personal financial risk meets family obligation and social responsibility in a crisis of competing loyalties.
“Where Are You with Microfinance — small loans and global poverty?”
If this sounds familiar, the Library can help you find the bigger picture.