Global: Microcredit critics say debt doesn't equal emancipation

In response to a pelting critique from academics, economists and grassroots organisers worldwide, the 2011 'State of the Microcredit Summit Campaign Report' plans to address the controversies surrounding a development scheme that many believe to have failed. A tempest of questions, censures and confusions has battered at the doors of Micro Finance Institutions (MFIs), whose small-scale loans many are calling 'micro band-aids' on the wound of inequality that the world is currently nursing.