Commercial Returns at the Base of the Pyramid

Michael Chu
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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.

Innovations: Technology, Governance, Globalization, 2007, vol. 2, issue 1-2, 115-146

Date: 2007
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