© 2014

Inspired Finance

The Role of Faith in Microfinance and International Economic Development


Table of contents

  1. Front Matter
    Pages i-x
  2. Michael Looft
    Pages 1-4
  3. Michael Looft
    Pages 5-17
  4. Michael Looft
    Pages 18-45
  5. Michael Looft
    Pages 46-73
  6. Michael Looft
    Pages 74-106
  7. Michael Looft
    Pages 107-125
  8. Michael Looft
    Pages 126-145
  9. Michael Looft
    Pages 146-153
  10. Back Matter
    Pages 154-171

About this book


By tracing an arc of thought and action from both historical and religious figures up through modern microfinance practitioners, Looft illustrates the many ways religious inspiration continues to remain at the crux of international economic development–while raising compelling questions around God and Mammon working together to help the poor.


Microfinance Microcredit Religion Faith International Development Economics Development Economics Economic Development Credit Union Savings Islamic Banking Protestant Ethic Shariah Shariah Compliant Charity Self-Reliance economic development finance god poverty theology

Authors and affiliations

  1. 1.Kiva MicrofundsUSA

About the authors

Michael Looft works as the Regional Director for Europe and Asia at Kiva Microfunds. In his role, he is responsible for setting strategy and overseeing the portfolio of microfinance partners. In 2006, he shifted his career into microfinance after twelve years in the retail and commercial banking industries. Prior to joining Kiva, Michael organized savings and loan clubs (ASCAs) in Sierra Leone, developed a microfinance program for a US-based non-profit operating in the Philippines, and worked as a data analyst for a microfinance institution in Guatemala. He holds an undergraduate degree in International Business from San Francisco State University, a Masters of Liberal Arts from St. John's College, and a Master of Divinity from Harvard Divinity. At Harvard, he focused on designing Sharia-compliant microfinance products for Muslim communities, as well as researching the impacts of faith-based involvement in the microfinance industry.

Bibliographic information