Another Article Featuring our Riskebiz VC Fund

It is often recognized that the vicious circle of poverty requires exogenous capital to break the circle. Nobody gives the poor the first dollar, says Muhammad Yunus, the Nobel peace prize winner. Part of the reason lies in their lack of human capital and the inability to use technology, part of the reason lies in asymmetric information keeping banks from lending to them, and part of the reason lies in the small transactions leading to high transaction costs. Continue reading...