Category: Microfinance

Seed money

18 October, 2013 (09:00) | Economics, Ecosystem, Emerging markets, Finance, Formalization, Informality, Innovations, Law, Mafia, Marijuana, Massachusetts, Microfinance, Speculation, US News |

By:David A. Smith   Now that medical marijuana is legal in Massachusetts, people can buy it – can’t they?    It’s true I have a lot of friends in politics, but they wouldn’t be so friendly if they knew my business was drugs instead of gambling which they consider a harmless vice. But drugs, that’s […]

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 […]

Battle for the soul of microfinance: Part 4, what profit a man?

20 March, 2012 (09:04) | Andhra Pradesh, Housing, India, Lending, MEEs, Microfinance, Nonprofits, Organizations, Theory |

[Continued from yesterday’s Part 3 and the preceding Part 2 and Part 1.]   By: David A. Smith   As we’ve seen in previous parts of this post, it was bad enough for microfinance that in late 2010 a political firestorm broke in Andhra Pradesh stemming from allegations of borrowers being driven to suicide by unscrupulous for-profit debt […]