http://www.nextbillion.net/newsroom/2007/12/17/compartamos-from-nonprofit-to-profit Comments for "Compartamos: From Nonprofit to Profit" en http://www.nextbillion.net/newsroom/2007/12/17/compartamos-from-nonprofit-to-profit#comment-24528 I think that idea is from India, where they have had this kind of loans for 15 years.<br class="clear" /> Thu, 08 May 2008 09:20:25 -0500 madrid man comment 24528 at http://www.nextbillion.net http://www.nextbillion.net/newsroom/2007/12/17/compartamos-from-nonprofit-to-profit <div class="flexinode-body flexinode-4"><span class="flexinode-timestamp-13"> December 13, 2007 - 23:00, </span> <span class="flexinode-textfield-14"> BusinessWeek</span> <div class="flexinode-textfield-15"> Compartamos: From Nonprofit to Profit</div><br> <div class="form-item"> <label>Story Link:</label> <a href="http://www.businessweek.com/magazine/content/07_52/b4064045919628.htm">http://www.businessweek.com/magazine/content/07_52/b4064045919628.htm</a> </div> <div class="flexinode--41"> <strong>Teaser: </strong><br /> Banco Compartamos portrays itself as the gentler lender to Mexico&#39;s poor. Compartamos means &quot;let&#39;s share,&quot; reflecting the philosophy of its founder, José Ignacio Avalos Hernández. The scion of a cosmetics business family, Avalos, 48, is a devout Catholic who in 1990 converted a nonprofit donating food and clothing to the deprived into one that made loans guaranteed by borrowers&#39; neighbors.<br class="clear" /></div> <div class="flexinode-textarea-6"> Banco Compartamos portrays itself as the gentler lender to Mexico&#39;s poor. Compartamos means &quot;let&#39;s share,&quot; reflecting the philosophy of its founder, José Ignacio Avalos Hernández. The scion of a cosmetics business family, Avalos, 48, is a devout Catholic who in 1990 converted a nonprofit donating food and clothing to the deprived into one that made loans guaranteed by borrowers&#39; neighbors.<br class="clear" /></div> </div> http://www.nextbillion.net/newsroom/2007/12/17/compartamos-from-nonprofit-to-profit#comment Business Development Financial Services Housing Insurance Microfinance Strategy Latin America Mon, 17 Dec 2007 11:33:25 -0500 Abigail Keene-Babcock 4964 at http://www.nextbillion.net