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The Microfinance Contagion Scenario

Harvard Business Review

But as information trickles out about how bad the repayment situation in AP is, a plausible global contagion scenario is emerging. The average debt-to-equity ratio of the 10 largest MFIs in India is 7.06 , indicating an average 12% equity cushion. Losses in AP will overwhelm many institutions' equity cushion.

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How One Startup Developed a Sales Model That Works in Emerging Markets

Harvard Business Review

This seemingly banal transaction speaks volumes to the power of how established retail has pervaded our everyday experience in the United States. Prem, a BioLite Burner on our West India team, gives a HomeStove demonstration to a group of customers at a microfinance branch in Rajasthan. Photograph courtesy of BioLite.