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“At any one time, the average poor household has a fistful of financial relationships on the go.”
― Portfolios of the Poor: How the World's Poor Live on $2 a Day
― Portfolios of the Poor: How the World's Poor Live on $2 a Day
“Finance: Where Time and Money Intersect”
― Portfolios of the Poor: How the World's Poor Live on $2 a Day
― Portfolios of the Poor: How the World's Poor Live on $2 a Day
“irregularity of their income compounds the problem by ratcheting up the need to hold reserves, or to borrow when the income fails to arrive. For these reasons, we would argue that poor people need financial services more than any other group.”
― Portfolios of the Poor: How the World's Poor Live on $2 a Day
― Portfolios of the Poor: How the World's Poor Live on $2 a Day
“We talk about it all the time, and that fixes it in our memories.” One of their neighbors remarked, “These things are important—they keep you awake at night.”
― Portfolios of the Poor: How the World's Poor Live on $2 a Day
― Portfolios of the Poor: How the World's Poor Live on $2 a Day
