THE EFFICACY OF MICROFINANCE.PART 1

The strategic imperative of microfinance in this most volatile mordern civilisation cannot be overemphasised most specifically its widespread or fast growing popular appeal at this critical juncture of human history,strangulated by overpopulation and extreme poverty,for which microfinance is a better panacea.The Blogger Ibikunle Laniyan examines its significance and potential and empirical impact.Stay tune.-There can be no doubt about the efficacy and sustainable capability of microfinance at alleviating mass poverty and at eradicating poverty through sustainable wealth creation.In my treatise:Global Warming: Ecology And Human Spirit"one of my longest ever written series,i pourplaudits and similarly also heavilycriticised the book written by Al Gore Earth In The Balance,for discrepancies in the use of facts and then his armchair criticism of the Malthusian theories.I reservedmy applause in most cases,for Malthusian popular study.This unprecedented scholarship is still influential a century after and beyond.