The English-speaking Caribbean has its own particular brand of microfinance. Microentrepreneurs in these countries tend to rely on personal savings and informal sources of funds to finance their businesses, rather than the microcredit that is favored in the rest of Latin America. Savings rates in the English-speaking Caribbean average more than 90%, significantly higher than … [Read more...] about Jumpstarting Sustainable Microfinance in The Bahamas
