Unlike at traditional banks, portfolio managers for microfinance institutions need to travel daily to villages and often the homes of their clients as a key part of building a bond with the entrepreneurs they want to ensure succeed with the loans they take from WPF’s partners. This means long days …
Microfinance vs. Informal Finance: A Fair Comparison?
If microfinance is so effective, then why hasn’t the industry put informal moneylenders out of business? This is the question that a recent paper, Microfinance for poverty alleviation: Do transnational initiatives overlook fundamental questions of competition and intermediation? in Transnational Corporations and accompanying blog set out to find the answer …