NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Viewpoint: What the gig economy can learn from the mistakes of microfinance

When the global financial crisis of 2008 struck, MFIs were largely unscathed, because their success was not tied to synthetic derivatives in London or Hong Kong, but rather hard-working, entrepreneurial individuals striving daily to build good businesses and provide for their families.

Source

Quartz at Work (link opens in a new window)

Tags

financial innovation, gig economy, MFIs, microfinance, sharing economy, social business, social enterprise, Uber