Scale, profits & serving the poor: Microfinance makes it big in Mexico

Ciudad de Mexico, Mexico What happens when you take a microfinance NGO, scale it up, make a profit, and issue an IPO? What if your IPO is oversubscribed by 13 times, and your MFI is suddenly worth $1.6 billion? And then the acknowledged founder of microfinance, Muhammed Yunus – who was awarded the Nobel Peace [...]

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Veggies & fish juice

Mexico City, Mexico The Mexico team is mostly flying into Ciudad de Mexico this afternoon, after which, starting Monday morning, our non-stop schedule begins. I’ve been staying the last couple nights with a journalist friend based in Mexico City, and we spent yesterday walking around various parts of the city, including the world’s largest wholesale [...]

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