Discuss “Executive Privilege”

More than one billion people in the world live on less than a dollar a day. Generally speaking, these people are productive enough to survive, but do not participate in greater economic interaction. Many of them could expand their livelihoods with just a little bit of capital ? sometimes a loan of as little as $100 can permanently bring a family out of poverty. Therein lies one of the most interesting ways to help alleviate poverty. What makes microloans so interesting is that they not only produce social benefit, but that they can be profitable, as well.

Over the past 20 years, an estimated 7000 organizations and institutions dedicated to microfinance have been created around the world. But many of these organizations are struggling to become...