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  • Video 
    How Small Business Can Benefit from "Village Banking"

    How Small Business Can Benefit from "Village Banking"

    Small businesses in the US are failing at an alarming rate. Nearly half close their doors by year 5, and 70% fail by year 10. The main reason? They run out of money. Compare that to small businesses in Ecuador and Guatemala that have a nearly 100% loan repayment rate with 85% of borrowers going on to expand their business. What's the secret to their success? Business strategist Ruchi Shah shares a community-based solution that every small business can learn from.

    Subjects:
    Management
    Keywords:
    Small business Industrial management
    Resource Type:
    Video