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Displaying all posts by Carlos Danel

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May 12, 2011

Carlos Danel Speaks Out

In 1990, Carlos Danel and Carlos Labarthe co-founded Compartamos—which means "let's share" in Spanish—to provide poor residents of Mexico with access to economic opportunities. At its inception Compartamos was a nonprofit organization serving mainly indigenous rural women in some of the poorest regions in Mexico. The company has since evolved into a commercial bank.

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October 14, 2010

Carlos Danel on Evaluation and Stories

We’ve all read the story of the poor woman who was unable to pay her bills and keep her children in school, until a microfinance institution came to her village and loaned her the funds to start her own business and become financially self-sufficient. Such stories communicate the promise of microcredit but they are, in the end, just stories. Reality is always more complicated.

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