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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...

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The 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...

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Six 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...

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Six 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...

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Six 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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