Fundacion Pro Vivienda Social: The Entrepreneurs Network as a Source of Resources Harvard Case Solution & Analysis

Description of the situation caused by the severe economic and political crisis that engulfed Argentina in late 2001. The local situation is gradually deteriorating since 1998, when the country slipped into recession and increasing poverty indices began to rise steadily. The crisis reached its peak, when the federal government decided to freeze all bank accounts, further unnerving the general population. Fundacion Pro Vivienda Social (FPVS) began to feel the effects of the crisis: the number of customers has become stagnant in 1999, and its regular portfolio could not afford the new loans. As the recession deepens, FPVS customers were hard to make the required payments on their loans. Organizations are facing financial difficulties, and Raul Zavalia Lagos was to meet with the Administrative Council to discuss alternative solutions. Focuses on the role of Lagos as a social entrepreneur, describing his family background, previous experience, and ability to conduct FPVS project and build a network with a number of actors who provided funds, advice and contacts. Also explains how FPVS begun to respond in 1998 to the deterioration of the local socio-economic conditions through the development of alternative programs to reach out to new borrowers. As these initiatives have failed, the foundation was to consider other projects based on the requirements voiced by the communities where she worked. "Hide
by Sergio Postigo, Maria Fernanda Tamborini, Gabriela Bearzi, Gabriel Berger Source: Social Enterprise Knowledge Network 21 pages. Publication Date: January 5, 2006. Prod. #: SKE057-PDF-ENG

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