Last Friday, I was invited to the community assembly in La Suiza, Costa Rica. This assembly takes place every two years to vote for the Credit Committee’s Board of Directors. A credit committee is similar to a village bank in that it is responsible for assessing and approving loan requests, disbursing loans to borrowers, collecting loan payments, documenting all credit requests and exchanges, and monitoring borrower progress.
When I walked into the community space, the President of the Committee, Doña Ethel called me over to sit next to her. Doña Ethel has been part of the... Continue Reading >>