Loan Sharking Dressed Up as Charity

Whistleblowers are individuals who use free-speech rights to challenge abuses of power that betray the public trust. Frequently they are human wild cards who speak truth to power and change the course of history by challenging bureaucratic bluffs with reality. A new whistleblowing book by British microfinance expert Hugh Sinclair, Confessions of a Microfinance Heretic, exposes a particularly painful truth: What has been promoted as a charity structured to empower the poor in fact is camouflage for heavy-handed loan sharking that regularly victimizes its so-called beneficiaries.

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