The Robin Hood Bank: [Essay Example], 478 words GradesFixer

Haven't found the right essay?

Get an expert to write your essay!


Professional writers and researchers


Sources and citation are provided


3 hour delivery

This essay has been submitted by a student. This is not an example of the work written by professional essay writers.

The Robin Hood Bank

Download Print

Pssst… we can write an original essay just for you.

Any subject. Any type of essay.

We’ll even meet a 3-hour deadline.

Get your price

121 writers online

Download PDF

Despite the fact that there are incalculable inspiring examples of overcoming adversity extending from small scale business visionaries beginning their own water supply business in Tanzania, to a $1,500 credit that enabled a family to open a grill eatery in China, to migrants in the United States having the capacity to fabricate their own particular organizations, microfinance has in some cases fallen under feedback. While microfinance loan fees are for the most part lower than traditional banks’, commentators have charged that these activities are profiting off of poor people—particularly since the pattern in revenue driven microfinance foundations, for example, BancoSol in Bolivia and the previously mentioned SKS (which really started as a charitable association (NPO), however moved toward becoming for benefit in 2003).

One of the biggest, and most questionable, is Mexico’s Compartamos Banco. The bank was begun in 1990 as a not-for-profit. Be that as it may, after 10 years, administration chose to change the endeavor into a customary, revenue driven organization. In 2007, it opened up to the world on the Mexican Stock Exchange, and its first sale of stock (IPO) raised more than $400 million. Like most other microfinance organizations, Compartamos Banco makes generally little advances, serves a to a great extent female customer base, and pools borrowers into gatherings. The fundamental distinction lies by they way it utilizes the assets it nets in intrigue and reimbursements: Like any open organization, it circulates them to investors. Interestingly, not-for-profit establishments take a more generous position with respect to benefits, utilizing them to extend the quantity of individuals they help, or to make more projects. Notwithstanding Compartamos Banco, many major money related organizations and other extensive enterprises have propelled revenue driven microfinance divisions, including CitiGroup, Barclay’s, and General Electric, for instance. Different organizations have made common finances that put fundamentally in microfinance firms.

Compartamos Banco and its revenue driven companions have been reprimanded by many, including the granddad of current microfinance himself, Muhammad Yunus. The quick, down to business fear is that, out of a craving to profit, vast microfinance investors will charge higher financing costs that may make an obligation trap for low-pay borrowers. In any case, Yunus and others additionally have a more central concern: that the motivating force for microcredit ought to be neediness lightening, not benefit. By their exceptionally nature (and their commitment to investors), these traded on an open market firms neutralize the first mission of microfinance—helping the poor to the exclusion of everything else. Accordingly, Compartamos and other revenue driven microfinanciers counter that commercialization enables them to work all the more effectively, and to pull in more capital by speaking to benefit looking for financial specialists. By turning into a productive business, their contention goes, a microfinance bank can expand its achieve, giving more cash and more credits to low-wage candidates. Until further notice, however, altruistic and marketed microfinanciers do coincide.

Remember: This is just a sample from a fellow student.

Your time is important. Let us write you an essay from scratch

100% plagiarism free

Sources and citations are provided

Cite this Essay

To export a reference to this article please select a referencing style below:

GradesFixer. (2020). The Robin Hood Bank. Retrived from
GradesFixer. "The Robin Hood Bank." GradesFixer, 26 Feb. 2020,
GradesFixer, 2020. The Robin Hood Bank. [online] Available at: <> [Accessed 13 July 2020].
GradesFixer. The Robin Hood Bank [Internet]. GradesFixer; 2020 [cited 2020 February 26]. Available from:
copy to clipboard

Sorry, copying is not allowed on our website. If you’d like this or any other sample, we’ll happily email it to you.

    By clicking “Send”, you agree to our Terms of service and Privacy statement. We will occasionally send you account related emails.


    Attention! this essay is not unique. You can get 100% plagiarism FREE essay in 30sec

    Recieve 100% plagiarism-Free paper just for 4.99$ on email
    get unique paper
    *Public papers are open and may contain not unique content
    download public sample

    Sorry, we cannot unicalize this essay. You can order Unique paper and our professionals Rewrite it for you



    Your essay sample has been sent.

    Want us to write one just for you? We can custom edit this essay into an original, 100% plagiarism free essay.

    thanks-icon Order now

    Hi there!

    Are you interested in getting a customized paper?

    Check it out!
    Having trouble finding the perfect essay? We’ve got you covered. Hire a writer uses cookies. By continuing we’ll assume you board with our cookie policy.