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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 by Daryl Collins
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“Finance: Where Time and Money Intersect”
Daryl Collins, 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.”
Daryl Collins, 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.”
Daryl Collins, Portfolios of the Poor: How the World's Poor Live on $2 a Day
“At any one time, the average poor household has a fistful of financial relationships on the go.”
Daryl Collins, Portfolios of the Poor: How the World's Poor Live on $2 a Day