By: malcolm

malcolm — Mon, 27 Feb 2006 16:37:08 +0000

I commented on micro-finance over at ParkParadigm which has a series of posts on the same or related subject. As I said there, a colleague of mine took some time off to get involved in this same business, but here micro-loans to individuals in developing countries. The take-away from that was that the recovery rate on the micro-loans (how many people paid back) was extremely large — a lot larger than what one would intuitively expect.
Sometimes it doesn’t take a lot of cash to prove a business, move it to a point where it will succeed or fail on its own merits. If you can find a motivated, talented individual with a craft or idea who will work their proverbials off to succeed and you like the business why would you not provide some level of finance?
The key — as said in the original article — a one off micro-finance exercise is a bet (and there is nothing wrong with that) but a series of micro-finance exercises is a portfolio investment (and there is nothing wrong with that either but you don’t lose it all if one fails — indeed you may only need one success)
Hugh — now, can you match global microbrand with (global) microfinance .. ?
Trying to CoComment this but having problems Hope this doesn’t appear twice!

By: red_fox

red_fox — Sun, 26 Feb 2006 20:25:55 +0000

Everybody needs love.

By: alan herrell - the head lemur

alan herrell - the head lemur — Sat, 25 Feb 2006 07:06:13 +0000

And I will Blog for it! http://theheadlemur.typepad.com/ravinglunacy/2006/02/will_blog_for_s.html

By: Koob Japan

Koob Japan — Sat, 25 Feb 2006 06:57:04 +0000

well done big guy

Comments on: everybody wants love

By: malcolm

By: red_fox

By: alan herrell - the head lemur

By: Koob Japan