By Marcus Berkowitz, KF16, Ecuador
When I was a kid and I asked for something I wasn’t going to get, my mother would start snidely singing, “You Can’t Always Get What You Want”. Unfortunately for borrowers with a lot of outstanding debt, nobody is there to sing to them if they don’t get the loan they are looking for.
My first experience meeting borrowers several weeks ago was thus a complicated one. First, a little background.
The Cooperativa San Jose (CSJ), a credit union, has been implementing its Ventanillas Rurales micro-loan product in the remote Ecuadorian...Continue Reading >>