Rich I.P.O Brings Controversy to SKS Microfinance

The New York Times writes how the impending initial public offering of SKS Microfinance shares has raised a debate about the future of its non-profit partnerships, and the future of the microlender's social components.

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The question is whether the social good will be as amply rewarded.

SKS Microfinance is not the first microlender to go public, and there has long been debate over whether social enterprises should be turned into giant commercial operations. Proponents of commercial microfinancing say the money raised can provide even more loans to the needy than relying only on charitable donations.