Welcome to the Columbia Business School Alumni Club of New York - “THE ABCS AND CONTROVERSIES OF MICROFINANCE”


The statistics are staggering: Almost 3 billion people live on less than $2 per day, including a billion who live on less than a dollar a day. For them, living in abject poverty is a way of life. But special programs like microfinance have helped improve

Microfinance is the provision of loans – in small amounts such as $25 or $50 – to the world’s poor. As microfinance has become more popular and begun receiving mainstream coverage, especially in the wake of Dr. Muhammad Yunus’ and Grameen Bank sharing the Nobel Peace Prize in 2006, there have been issues with the practice that have arisen.

Join Columbia Business School Alumni Club of New York as we discuss Microfinance. Our luminous panel will address issues such as the impact of the credit crunch, the controversy surrounding the commercialization and scaling up, the high interest rates prevalent in microfinance and more.


Shari Berenbach, Executive Director, Calvert Foundation

Raj Desai, Visiting Fellow, Global Economy and Development, Wolfensohn Center for Development, The Brookings Institution

Chip Raymond, President, Charles Raymond Consulting

Ashwini Narayanan, Director of Product Management, Microplace

Jacob Boeding, Associate, Morgan Stanley, MFIG

Moderator: Jason Kyrwood, Associate, Davis Polk & Wardwell


Tuesday, March. 11, 2008


6 p.m. registration; discussion from 6:30 p.m. – 8 p.m.


Davis Polk & Wardwell, 450 Lexington Ave. at 45th Street, Rm. 814, New York


$25 members; $40 nonmembers
Click here to buy tickets!!!

After noon on 3/11 you will not be able to get a ticket on-line, but you may come to the door [bring proper ID to be admitted into the building] and sign up and make payment with your credit card!                                                   

To join CBSAC/NY click here

Acknowledgments: CBSACNY wishes to thank Som Chivukula, John Stimpson & Monica Chandiramani for organizing.



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