David Roodman's Microfinance Open Book Blog

A basic point I feel I have not pondered enough is that people who are financially cornered may borrow unwisely---at least sometimes. A Microfinance Insights article by Lilian Simbaqueba and Vitalie Bumacov of the Colombian credit-scoring company LiSim made me think of this now:

A month ago I blogged some reflections on transparency. Transparency is the motherhood and apple pie of microfinance, I wrote, if not in those words.