"Saving for What?" - An Interview with New America Foundation's Ray Boshara

In an interview posted on Microfinance Gateway, Ray Boshara, Director of the Asset Building Program at New America Foundation explains how asset building can enhance microfinance programs. "Efforts to help the poor acquire land, livestock, housing, education, skills, savings and other assets are not new," Boshara says. "What's new, we believe, is the coherent framework of asset development - that there are economic and social effects of owning assets not necessarily associated with income, and that defining the problems in terms of assets will get us more solutions in terms of assets."