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Commercial Returns at the Base of the Pyramid

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  • Michael Chu

    (Senior Lecturer at the Harvard Business School and a Senior Partner and Founding Partner of Pegasus Capital, a firm dedicated to deploying equity in Latin America. Pegasus Capital's current portfolio includes investments in consumer retail, consumer finance, real estate and technology. Before Pegasus, as President & CEO of ACCION International, a nonprofit corporation dedicated to microfinance, Chu worked to develop financial services for the working poor as a new segment of banking capable of outstanding returns. He participated in the founding of several microcredit financial institutions and regulated banks throughout Latin America, including Banco Solidario, one of the premier microlending institutions in the world, which under his chairmanship has been the most profitable bank in Bolivia.)

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Suggested Citation

  • Michael Chu, 2007. "Commercial Returns at the Base of the Pyramid," Innovations: Technology, Governance, Globalization, MIT Press, vol. 2(1-2), pages 115-146, April.
  • Handle: RePEc:tpr:inntgg:v:2:y:2007:i:1-2:p:115-146
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    Cited by:

    1. Bryan Bollinger & Song Yao, 2018. "Risk transfer versus cost reduction on two-sided microfinance platforms," Quantitative Marketing and Economics (QME), Springer, vol. 16(3), pages 251-287, September.
    2. Anton Shevchenko & Xiaodan Pan & Goran Calic, 2020. "Exploring the effect of environmental orientation on financial decisions of businesses at the bottom of the pyramid: Evidence from the microlending context," Business Strategy and the Environment, Wiley Blackwell, vol. 29(5), pages 1876-1886, July.

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