Category: Enterprises

The sound of a popping bubble? Part 2, recapitalization and recovery

19 November, 2010 (11:15) | Banks, Enterprises, Global news, HALF, India, MEEs, Microfinance, Workouts |

[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 alarums regarding microfinance, with an outbreak of not ‘strategic’ mortgage default but the far more plausible, and frightening, payment boycott.  Mr. Rozas [...]

The sound of a popping bubble? Part 1, payment boycott

18 November, 2010 (10:50) | Banks, Enterprises, Global news, HALF, India, MEEs, Microfinance, Workouts |

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 industry, the question is not whether the cheap-money bubble will pop, but just [...]