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Yet, CS faces a challenge of inadmissibility of agreement-to-agree in common law, and the rigidity of the mainstream financing structures that rely on long-term forecasts.
We primarily target existing businesses that are unable to access mainstream financing due to the informal nature of the business, limited or no credit history, or language barriers.
"That population needs supportive financing services to upgrade their lives and to be successfully included in mainstream financing systems". She said MFIs can offer stepping stones to inclusion by helping borrowers establish creditworthiness, develop their business and financial management skills and understand how to use traditional finance products effectively.
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"It violates mainstream finance theory.
Mainstream finance has largely ignored them.
More people need to be tempted out of mainstream finance.
They're not selling an "alternative", they're flogging mainstream finance.
Swindling people who trust you is more prevalent than you might thinkMISTRUST of mainstream finance is all the rage.
In a case in Montana, victims were promised 800% back in a week.Mistrust of mainstream finance helps the scammers.
The plans of big banks are faltering, showing how hard it is to take a fringe technology into mainstream finance.
Based on 51 in-depth interviews with fund managers in various global financial centres, this article highlights a number of features of investment decision making that mainstream finance and behavioural approaches both fail adequately to describe.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com