 
The Future of Microfinance Is Individual, Not Group-Based
By Francis Nyonzo. The modern microfinance model, which uses group lending, was once considered a panacea for poverty alleviation. The originator of the idea, Prof. Muhammad Yunus, received the Nobel Prize for it. He was once quoted saying, “The only
 
 
 
 
 
 
 
 
					 
					 
 
 
																								 
																								 
																								 
																								 
																								 
																								 
																								 
 
			 
 
 
 
