tag:blogger.com,1999:blog-8514568250196151332.post2133229816678198092..comments2023-10-30T12:15:08.746-04:00Comments on China South America: Will Microfinance be able "feed itself," or will the global crisis catch up to it?Bennett A. Reisshttp://www.blogger.com/profile/07185933562563170289noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8514568250196151332.post-70583874135909169412009-04-29T19:51:00.000-04:002009-04-29T19:51:00.000-04:00I wish I knew more about this subject to give an i...I wish I knew more about this subject to give an informed/educated opinion. With that said, here is just my opinion. <br /><br />I think MFI can and will continue to grow. Something tells me that the majority of MFI borrowers sell products/services that are essential (that is to say that the juice example is probably not representative of a typical MFI borrower). The people who consume the products/services of MFI borrowers were probably very poor before the global economic crisis began and were probably no better off when the global economy reached its recent peak. I bet the people in these microfinance economies will likely keep buying, and the entrepreneurs will likely continue to pay back their principal and interest payments.joshuaneman@gmail.comhttps://www.blogger.com/profile/08391924199297962566noreply@blogger.com