Remove Management Remove Microfinance Remove Price Remove Uncertainty
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Can Technology End Poverty?

Harvard Business Review

Shameran Abed, who runs BRAC's microfinance program, explains what happened: "In the first couple months, a lot of our borrowers would send the money through their mobile phones and then physically show up at the branch to check with the accountant that the money had turned up.". The promise was exciting — the details far less so.

article thumbnail

Can Technology End Poverty?

Harvard Business Review

Shameran Abed, who runs BRAC's microfinance program, explains what happened: "In the first couple months, a lot of our borrowers would send the money through their mobile phones and then physically show up at the branch to check with the accountant that the money had turned up.". The promise was exciting — the details far less so.