The Bastiat Society is hosting our very own Scott Pearson (Chairman of the RLCSC) for an event on Wednesday, June 5th! From their invitation:
Please join us on Wednesday, June 5th, 2013 for our Bastiat Society meeting with Dr. Scott Pearson featuring his talk entitled:
“Microfinance Meets the Market”
Dr. R. Scott Pearson is Assistant Professor and Chair of Business & Economics at Charleston Southern University. He is also President of Value View Financial Corp., an investment advisory firm.
Many see Microfinance as a panacea for reducing poverty, but can it survive the turmoil that market forces are likely to bring? Modern microfinance began in Bangladesh, when U.S.-trained economist Dr. Muhammed Yunus took it upon himself to lend miniscule amounts of money to the very poor to build businesses. Over the years, millions in the developing world have benefited from these micro loans and risen from grinding poverty. But as the industry has grown, it has experienced growing pains, and competition has entered the scene. Can microfinance continue to reach the very poor amidst these new challenges? Are poverty fighters prepared for change? What’s in store for micro finance as market forces remake the idea?
More about Scott Pearson:
SCOTT PEARSON is Asst. Professor and Chair of Business & Economics at Charleston Southern University and also President of Value View Financial Corp., an investment advisory firm. In addition, he has worked with microfinance organizations in the developing world, offering consultation on future trends in the industry. Dr. Pearson earned his B.A. from Samford University, his M.B.A. with a concentration in Entrepreneurship from the University of South Florida and M.A. and Ph.D. in Economics and Development Economics from The Ohio State University. He has previously taught at Washington College, Capital University, Webster University, and the University of South Florida. His areas of research interest include micro finance, micro-enterprise development, crowd funding, and investment markets.