Financial Strategist and Author
Daryl Collins is a London School of Economics–trained financial economist with years of experience in international finance and portfolio management. Although she has worked with some of the best-known investment companies in the world, her real interest is people who may have never heard of such institutions and likely will never need them: the world’s poor.
Working from the premise that governments cannot help the poor without understanding their financial situations, Collins set out to identify the spending habits and financial needs of poor people in South Africa. Her research, which was funded by the Ford Foundation and the UK Department of International Development, involved tracking the finances of poor households for one year and analyzing the data to learn how development programs can offer the most effective assistance. Using the results of her research, Collins coauthored Portfolios of the Poor: How the World’s Poor Live on $2 a Day, which offers an incisive look at the causes and consequences of global poverty. A director at Bankable Frontier Associates in Boston, Collins will lead similar studies in Mexico, Colombia, Kenya, India, and the United States over the next few years.