Saturday, June 19, 2010
Portfolio's of the Poor - Book by my colleague Jonathan Morduch and others
I just made a pitch in a video for the great book "Portfolio's of the Poor" by my colleague Jonathan Morduch and others. It is great to have the poor of the world being treated as ordinary and everyday real people - making the best of bad infrastructure, lack of financial institutions and, of course, poverty. Too many portrayals make the poor seem like aliens from another planet. The book tracks individuals over time and records their decisions - primarily savings and financial decisions. It is great, it is about real people. I enjoyed reading it.