Current sentiment around commercial financial inclusion (microfinance, business correspondents or anything to do with banking the poor) is at historic rock bottom. Government has over the past 2-3 years systemically...
Monday, November 14th 2011 saw the culmination of several years of delicate preparation in a packed conference centre in Valladolid, Spain. The fifth Global Microcredit Summit (held every few years – with regional...
M-CRIL’s anatomy of the Indian Microfinance Crisis
Micro‐Credit Ratings International Limited has released ‘M-CRIL Microfinance Review 2011’ presenting a detailed dissection of the crisis that hit the Indian microfinance sub‐sector of the financial services industry in...
What and Where is Micro-Finance? Between a rock and a soft place
Despite all the current sometimes emotional debates on the lack of evidence on its impact and on a possible crisis, Micro-Finance (MF) has undergone a tremendous evolution in intellectual and practical terms. In practical terms Micro-Finance...
The World Congress of Muslim Philanthropists (WCMP) is a global network of affluent individuals, foundations, and socially responsible corporations, working together to advance...
Securitisation business will be back with a bang; Microfinance securitisations to still remain subdued
The RBI released on 27th September the much awaited revised draft of the securitisation guidelines. The first draft was proposed long time back in April 2010.
A decade of Financing SGSY, a Self-employment Program for BPL Families
A systematic review of the SGSY has brought into focus several shortcomings achieving limited objectives. It has now been restructured as the National Rural Livelyhoods Mission
Microfinance; Building Democracy or a Palliative injected by Plutocrats?
In this article I would not like to demonstrate the impact of MF with data or with an academic explanation. I thought it useful to look at the question from the perspective of what a democracy is and what its citizens may expect from their...
Some time ago, I had a conversation with a microfinance investor. What is the greatest challenge facing the sector? – I asked. His answer: multiple borrowing – multiple borrowing that was getting people into too much debt; multiple...
Musoni – an exclusively mobile microfinance institution
Musoni is this year’s winner of the Global Microfinance Achievement Award for the Most Innovative Use of Technology at the Microfinance Summit in Geneva, Switzerland.