The sound of a popping bubble? Part 1, payment boycott
By: David A. Smith I don’t want to cry panic, but if even half of what Daniel Rozas writes in this Micro-Finance Focus article is true – and it’s his beat, so it ought to be – then for the MFI...
View ArticleThe sound of a popping bubble? Part 2, recapitalization and recovery
[Continued from yesterday’s Part 1.] By: David A. Smith The problem is, we have no security Yesterday’s post, expanding on an excellent Micro-Finance Focus article by Daniel Rozas, sounded the...
View ArticleSix words to AHI’s philosophy: Part 1, underwrite informality
By:David A. Smith A month ago, at the World Bank’s Fifth Global Housing Finance Conference in Washington DC, I delivered (link in pdf) what may prove the most significant talk I’ve ever given. Six...
View ArticleSix words to AHI’s philosophy: Part 2, underwrite durability
By:David A. Smith [Continued from yesterday’s Part 1.] Back in late May, at the World Bank’s Fifth Global Housing Finance Conference in Washington DC, I had fifteen minutes to describe AHI’s theory...
View ArticleSix words to AHI’s philosophy: Part 3, formalize informality
By:David A. Smith [Continued from yesterday’s Part 2 and the preceding Part 1.] As I had shown so far in my fifteen minute talk at the World Bank’s Fifth Global Housing Finance Conference in...
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