Aneel Karnani

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Microfinance Needs Regulation

By Aneel Karnani 11

The microcredit industry needs to be regulated through policies that address high interest rates and abusive loan recovery practices.

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Better Vision for the Poor

By Aneel Karnani, Bernard Garrette, Jordan Kassalow, & Moses Lee 11

Several social enterprises are attempting to provide eyeglasses to the 500 million to 1 billion poor people who need them. Why haven’t any of the organizations succeeded on a large scale?

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Government

Romanticizing the Poor

By Aneel Karnani 17

Market solutions to poverty, which include services and products targeting consumers at the “bottom of the pyramid,” portray poor people as creative entrepreneurs and discerning consumers. Yet this rosy view of poverty-stricken people is not only wrong, but also harmful.

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Social Innovations

Microfinance Misses Its Mark

By Aneel Karnani 46

Despite the hoopla over microfinance, it doesn't cure poverty. But stable jobs do. If societies are serious about helping the poorest of the poor, they should stop investing in microfinance and start supporting large, labor-intensive industries.