Banex and the 'No Pago' Movement (B)
Posted: 8 Mar 2012
Date Written: August 11, 2011
Abstract
This case examines Grassroots Capital's decision of whether or not to continue investing in a Bolivian microfinance bank that is suffering financial distress.
Learning Objective: To illustrate political risks associated with business at the base of the pyramid; to explore how bankruptcy works in the social investing space.
Suggested Citation: Suggested Citation
Cole, Shawn Allen and Kempner, Baily, Banex and the 'No Pago' Movement (B) (August 11, 2011). Harvard Business School Finance Case No. 211-102, Available at SSRN: https://ssrn.com/abstract=2018522
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