Tag Archives: Clients

Why Do They Spend What They Don’t Have?

I grew up with a piggy bank. My generation was told by parents that it is important to save “for bad times”.  When bad times never came and I grew up I started to get a different idea of saving and the value of money. Yet I never considered credit except for buying a home. This one belief is hard to change: “Don’t spend what you don’t have.”

Yet the business model of microfinance institutions (MFIs) is based on the wish Continue reading Why Do They Spend What They Don’t Have?

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A Fabulously Successful Health Project in Tanzania

TEHIP was a Tanzanian initiative to improve medical service in some of the poorest areas of the country.

Some 2 $ per person were set aside to tackle the largest health burdens in the community. Initially it was not even known what would help people the most. Then a survey was conducted. Malaria turned out to be the most neglected burden. It accounted for 30% of Continue reading A Fabulously Successful Health Project in Tanzania