Given the popularity of last week’s posts on microfinance (see here and here), I thought I should continue blogging about the topic.
This week and the next, however, I will blog about microfinance as seen from within the industry. As such, I will be blogging the five-point response a friend of my wife’s and mine — whom I will refer to by the pseudonym “Chad” — has made to my previous two posts.
Chad works for a microfinance private equity firm and used to work for a leading online microfinance website. He has studied in the best universities for both his undergraduate and subsequent professional degrees. More importantly, Chad has traveled extensively to the field to meet with stakeholders along the microfinance supply chain.
Chad’s first point was: