Articles by Christopher Cuellar
As the microfinance industry matures, the cracks in the model have become more apparent. When an idea built from good intentions scales, hidden costs begin to grow and the call for more structure becomes louder. These cracks are not just on one side of the equation, and need to be addressed through collective effort by borrowers and lenders.
Complex design requirements, non-existent supply chain routes, extreme poverty - these are all unique issues that entrepreneurs have to combat when developing or producing products/services for the BoP. But what happens when the your client base acts irrationally or doesn’t follow the ’model’ you’ve based your business on?