The World Bank appears to chose to ignore its own evidence that microfinance is far from the panacea that its beneficiaries tout it as. Those beneficiaries are primarily the organizations that lend, not those who borrow, nor the economies that show little if any positive impact from the large amounts that are funneled into these activities. Thomas Dichter has written extensively on the subject of microfinance and has raised serious questions about the economic impact and even the borrower impact. Mr. Dichter has edited a book of studies on microfinance and did a synthesis paper for a World Bank 17-nation study. For those who have an open mind about the positive effects (or otherwise) of microfinance, these publications are well worth reading.