Category Microfinance in Honduras
Program Director Pac-Man
When people ask me what I do in Honduras, I tell them I play Pac-Man all day. I run around the streets of El Progreso and into the communities, but instead of dots, I eat transaction costs (TRCs). A TRC is anything that makes it harder for an exchange to occur; you go to check […]
Volunteering and Interfering
Trying to do good in the world may be harmful as well. Every political science professor in college told me the same thing; ‘every new policy has winners and losers.’ This really has to do with change. Those that stand to benefit from the new rules will have the advantage. Those that were already benefitting […]
Climate – A Beer Analogy
Small markets are influenced heavily by the weather. Let’s take one of my recent favorites for example; I made the mistake of getting really into the craft beer craze going on right now in the US, before coming to Honduras. Honduras is not known for its craft beer. In the US, the beer industry is […]
Microfinance – Go Make It Better
Development happens in a handshake, not a fancy signature. In many countries, less formal agreements are more binding than formal ones. Think about it: if you want to buy a car or rent something in the US, the standard practice is to sign a piece of paper that makes the transaction legally binding. Oh, how unprepared […]
