Daily Nation, "Leaving no poor man behind"
Publication Date:
Apr 12, 2010
Source:
Almost 40 years since he began his love affair with micro credit Prof Muhammad Yunus says regulation is crucial to growth. As a number of countries move to consolidate their microfinance institutions (MFIs), tight but favourable rules are needed to spur growth.
“Regulation is still a thorny issue,” he says, “Others have it, some don’t but they all operate. However, in each country there needs to be an independent body to regulate the institutions.”
