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

This article illustrates the scenario brought about by the acute economic and political disaster that swept Argentina at the end of 2001. The local situation had been gradually deteriorating since 1998, when the state fell into an increasing downturn and poverty indexes started rising consistently. FPVS, also known as Fundacion Pro Vivienda Social, tried to comprehend the consequences of this issue, which was that the number of clients of the company did not increase in the year 1999. client numbers became stagnant in Moreover, its portfolio was no longer able to manage new loans. As the recession deepened, FPVS customers found it difficult to make the necessary payments on their loans.

The organization faced financial distress, and Raul Zavalia Lagos had to meet with its administrative council to discuss alternative options. This topic emphasizes on Lagos' job as social entrepreneur, describing previous experience, his family history, and skill to direct the FPVS endeavor and build a network with a series of celebrities who supplied the needed financing, guidance, and contacts. Additionally clarifies how FPVS started to react to the worsening in 1998 local economical and social conditions by developing alternative plans to appeal to new borrowers. The foundation turned to consider other jobs, based on the demands voiced by the communities where it ran, as these initiatives proved unsuccessful.

PUBLICATION DATE: January 05, 2006 PRODUCT #: SKE057-HCB-ENG

This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP

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