No, thats not what he is saying at all. Micro-finance only helps people if its done carefully. The MFIs need to have pretty stringent requirements for giving o

No, thats not what he is saying at all. Micro-finance only helps people if its done carefully. The MFIs need to have pretty stringent requirements for giving out loans, otherwise they just put people in more debt. The fear is that the IPO will lead to a more profit driven company and therefore to giving loans to people who maybe shouldn't get them and forcing them to pay it back when they can't. There are instances of pressure put on clients causing things like suicides, which causes problem for micro finance as a whole. I'm not necessarily against the IPO, but I think your're misunderstanding his argument.