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The Indigenous wisdom of lending based on character, not collateral
Current systems of credit are not working. Indigenous wisdom points to more promising approaches: deep local engagement and character-based lending. “Just because you're unbanked, or not banked at the moment, doesn't mean you're actually high risk. It just means the system hasn't worked for you,” Vanessa Roanhorse, CEO of Roanhorse Consulting and co-founder of Native Women Lead, says on the latest episode of The Reconstruction podcast.
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Current systems of credit are not working. Indigenous wisdom points to more promising approaches: deep local engagement and character-based lending. “Just because you're unbanked, or not banked at the moment, doesn't mean you're actually high risk. It just means the system hasn't worked for you,” Vanessa Roanhorse, CEO of Roanhorse Consulting and co-founder of Native Women Lead, says on the latest episode of The Reconstruction podcast.