Saturday, April 23, 2016

Week 15 Reading Reflection

The biggest surprise for me in this final weeks reading was probably the supreme importance of customer loyalty. Obviously customer loyalty is important, but I figured it was more of a 'bonus' than an essential tool for growth. Though I guess having people you can rely on to come back for repeat business would be very important.

The bit about sending loan information via text messages confused me. It seemed a somewhat sub-par way of relating important information like that, and certainly not the way I'd wish to receive such information. If I could ask the author any two questions, I'd ask for more info about the motivations for using microfinance as a tool against poverty, and the success rate in using such ventures in a more focused, local environment. There was nothing in particular I disagreed with the author on, though I would like to see a bit more info on the success rate of microfinancing.

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