Last year CAF Venturesome examined why some of its social investments have failed to repay in full. CAF's team focussed on financial “failure”, rather than failure to achieve social impact. What are the most common reasons loans don't get repaid?
There are too many social investors in a hot-air balloon that isn't rising; it needs to lose some ballast. Without compelling reasons to stay in the basket, they're getting kicked out. What happened next?