The Shadow Banks of the Barrio

Story published on CityLab. Maria Ramos holds a large, faded ledger propped open on her lap. The ledger was a gift from a beauty products supplier, an oversized agenda for 2014. Over time, it has become a repository of balance sheets—a record of the debts she’s accrued with neighborhood lenders known as prestamistas. At the moment, […]

Read More The Shadow Banks of the Barrio