by Hassan del Campo Is social collateral, as it pertains to reducing loan default risk, more effective in developed countries or developing countries? The reason I pose this question is because I work for a nonprofit CDFI (Community Development Financial Institution) in South Los Angeles that for years has been offering a micro-business program Capital … Continue reading Social Collateral in Developed Countries vs. Developing Countries
How to reach the ‘unsaved’
by Hassan del Campo According to a study by the Census Bureau more than one in four working American families is low-income. Despite working the equivalent of 1 1/4 full-time jobs these families cannot break through to moderate-income levels. Accumulation of assets is a doorway out of financial strife but the challenge is amassing the … Continue reading How to reach the ‘unsaved’