My spouse and I have been investing in microfinance for years believing we were helping people in developing countries, but we recently learned about criticism that it can trap people in cycles of debt rather than lifting them out of poverty. We're both questioning whether our impact investing has actually been causing harm, but neither of us wants to admit we might have been naive about something we've felt so good about for so long.
More people experience this than they realize.
Two people face the possibility that their well-intentioned investments have been perpetuating the problems they meant to solve.
“Where Are You with Impact investing and patient capital?”
If this sounds familiar, the Library can help you find the bigger picture.