Microfinance 1

Microloans have brought credit to millions of poor people shunned by the conventional banking system, but now commercial financial institutions are jumping on the microlending bandwagon. Peter Day visits a microlending organisation in Bolivia and talks to borrowers who have used loans to set up their own small businesses. He also interviews bankers, academics and investors in the microfinance sector and wonders whether a microloan bubble is about to burst.