Microfinance Focus Opinion Poll : Result

Microfinance Focus, official Media Partner of “Microfinance India Summit 2009”, thanks all the participants in our opinion poll. This is a true reflection of the sector on the most debated issues. Your opinion provides a significant clue to gauge the trends in India`s Microfinance Sector.

Key Findings:-

• 57 % of respondents are not confident on Indian MFIs transparency level.
• 87 % respondent supported a uniform Microfinance
  regulation.
• 67 % respondent said commercialization causing mission shift.
• 61 % respondent said no to interest cap but a significant 39 %  said Yes
• It`s time MFIs expand into Livelihoods services, as 83 % strongly believe in it.

Poll 1, Result :

Are Indian Microfinance Institutions (MFIs) honest enough to promote transparency?

	Respondent	%
Yes	57	24
No	134	57
Can`t Say	44	19
Total	235	100

Poll 2 , Result :

Do you think the Indian Microfinance industry requires a uniform regulation ?

	Respondent	%age
Yes	143	87
No	15	9
Can`t Say	7	4
Total	165	100

Poll 3, Result  :

Is commercialization pushing mission drift in Indian MFIs?

	Respondent	%age
Yes	111	67
No	33	20
Can`t Say	21	13
Total	165	100

Poll 4, Result :

Should the government put a cap on interest rates charged by MFIs?

	Respondent	%age
Yes	64	39
No	84	51
Can`t Say	17	10
Total	165	100

Poll 5, Result :

Should Indian MFIs expand into providing livelihoods services, not merely microcredit?

	Number	%age
Yes	137	83
No	22	13
Can`t Say	6	4
Total	165	100