CHAD KRAMER—While the Covid-19 crisis has broadly shaken global economic stability, those who borrow from for-profit microfinance institutions (MFIs) have often encountered disastrous financial circumstances. MFIs professedly further global financial inclusion by offering microcredit and other services to the underbanked in developing economies. And MFIs do provide microentrepreneurs otherwise inaccessible capital, frequently empowering them to […]