The recent recession in the United States has exposed and aggravated the extent to which many families struggle to just keep up financially. This financial marginalization impairs their capacity to participate in the larger economy.
Two recent posts on repayment of microfinance loans in Tamil Nadu has sparked a debate between the authors. Both of whom raise a question for the industry as a whole: how can we better measure over-indebtedness and market saturation?
In Morocco, microcredit borrowers don't default only when they are unable to repay loans. Individual or collective defaults also result when credit providers lose legitimacy and borrowers are not willing to repay.
Davel helped create South Africa’s National Credit Regulator, one of the world's most capable financial consumer protection agencies. In a new Focus Note, Davel draws on a number of debt crises and distills his own experience into practical guidance.