Category: HALF

Six words to AHI’s philosophy: Part 3, formalize informality

21 September, 2012 (10:00) | AHI, Essential posts, Global news, HALF, Housing, Housing Finance, informality, MEEs, Microfinance, Slum upgrading, Slums, Theory, Urbanization, World Bank |

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 Washington DC (here’s the full presentation, link in pdf), informality is the norm in rapidly growing global-south cities.  So […]

Six words to AHI’s philosophy: Part 2, underwrite durability

20 September, 2012 (10:00) | AHI, Essential posts, Global news, HALF, Housing, Housing Finance, informality, MEEs, Microfinance, Slum upgrading, Slums, Theory, Urbanization, World Bank |

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 of impact in housing finance and slum upgrading, and somehow I managed to distill my full presentation (link in pdf) into […]

Six words to AHI’s philosophy: Part 1, underwrite informality

19 September, 2012 (12:34) | AHI, Essential posts, Global news, HALF, Housing, Housing Finance, informality, MEEs, Microfinance, Slum upgrading, Slums, Theory, Urbanization, World Bank |

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 words and then some   The talk was important not precisely for its content, although that will be the […]

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 […]