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I regularly do low-interest loans to African entrepreneurs via Zidisha -- that's money that's helpful in a concentrated way, vs. bulk money that I'm skeptical w
by rewrew 10y ago
I regularly do low-interest loans to African entrepreneurs via Zidisha -- that's money that's helpful in a concentrated way, vs. bulk money that I'm skeptical won't have negative consequences.
- 2noame 10y agoIn that case, you may want to read this. http://www.theguardian.com/global-development-professionals-network/2015/jun/10/the-microfinance-delusion-who-really-wins http://www.theguardian.com/global-development-professionals-...
- rewrew 10y agoI'm skeptical because I mainly loan to the same people again and again, and they pay it back again and again. So there's something going on there.