Tag Archives: micro-credit

Finally, the silver bullet of micro-finance can be buried in peace

Six years ago, in March 2009, after my return from The Philippines where I’d first conducted fieldwork using design ethnography methods to understand household financial management at the erstwhile Base of the Pyramid in a rural region, I had written: Another eye opener was hearing the story about a micro-finance loan for enabling local women […]

Posted in ASEAN, Base of the Pyramid, Loans, Philipines, Prepaid Economy & Informal Sector, Research, Rural Economy, Strategy, User research | Also tagged , , | Leave a comment

Traditional moneylending – informal, flexible, trust based and changing fast

As Microfinance Grows in India, So Do Its Rivals is the title of a recent WSJ article by Ketaki Gokhale which begins so, The practice of making tiny loans to poor people, or microfinance, was supposed to help drive traditional village moneylenders from rural India. Instead, traditional moneylenders, who typically charge high interest rates, are […]

Posted in Banking, Base of the Pyramid, India, Indigenous & Traditional, Informal & Flexible, Loans, Research, rural | Also tagged , , | 1 Response