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Should microfinance non-profit organizations employ laid-off bankers?

Many laid-off financial professionals consider joining the microfinance sector as their next career move.
Fed up with being possibly the most hated people in the planet,
Fed up with being blamed for the crisis, and Fed up with working for the "evil banking system"!
They want to feel loved! They want people to see them as caring ... helping the planet to be a better world.
They want to work for the poor and underprivileged... not for the rich and greedy!

The question is not : will they be successful or not?
The true question is: will they really help the developing world?
Will their experience with big corporates help the underprivileged?

Can we trust them to make a better world when they clearly haven't been taught the most ethical practices?
Will they teach a man to fish?
Or will these microfinance non profit organisations become sloan sharks?
Indeed the line is very fine...
and if laid-off bankers are in charge of the microfinance sector the line will become thiner and thiner

Looking forward to your comments

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Comments (1)

Apr 10, 2009
Isabelle Ayel said...
The ability to manage finance of other people with no responsablity at all is a questionnable skill in the case of Mocro-finance...

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