Questioning the critics: the case of BRAC and other credit programmes in Bangladesh

Drawing from the experiences of BRAC in Bangladesh, the author highlights some of the major areas of controversy around micro-credit organisations, specifically criticising points made by Ben Rogaly (in Development in Practice 6(2)). Arguing that further research is needed to determine cost-benefit ratios when providing specialised credit systems for use by specific sub-sections of society, he maintains that trade-offs occur between accountability and flexibility, and that to ignore such complexities leads to too narrow a view of micro-credit and its potential.