Self-Financing that Works for the Poor

“We were used to losing, so a group of us said to ourselves: let’s lose something here,” said Carmen Caravallo, describing the start of a “bankomunal”, a self-managed microfinance fund based on investment, in her rural community in eastern Venezuela. Ten years later, Caravallo and the other members of the bankomunal in Llanada de Puerto … Continue reading Self-Financing that Works for the Poor