Philip Mader 
The Political Economy of Microfinance [PDF ebook] 
Financializing Poverty

1. A Framework for Engaging Microfinance
2. A Genealogy of Microfinance
3. The Financialisation of Poverty
4. Financialising Public Goods
5. Mechanisms of a Microfinance Crisis
6. At the Crossroads of Development and Finance
7. Appendix
7.1 Calculating the Surplus Extraction
7.2 Projects Using Microfinance for Water and Sanitation

Philip Mader is a research fellow at the Institute for Development Studies, UK. He taught in Basel and studied in Sussex, Cambridge, Cologne, and Harvard. His doctoral thesis, which was written at the Max Planck Institute for the Study of Societies, won the German Thesis Award and the Max Planck Society’s Otto Hahn Medal.