When Your Suppliers Swim in (Loan) Shark-Infested Financing Waters
When I first started researching and covering procurement, it was rare to find an article in a popular newspaper or magazine about the area. But now, it seems to happen at least once a week. Just this weekend, The New York Times published a highly in…
Micro Finance
Today’s show is about Micro Finance, defined in Wikipedia as…
Microcredit is the extension of very small loans (microloans) to those in poverty designed to spur entrepreneurship. These individuals lack collateral, steadyemployment and a verifiable credit history and therefore cannot meet even the most minimal qualifications to gain access to traditional credit. Microcredit is a part ofmicrofinance, which is the provision of […]
