For smallholder farms, expenses come early in the season before the planting while income arrives only several months later with the harvest. How, then, can these farmers access the cash they need to plant their crops and, more importantly, to survive between harvests?
The Center for Financial Inclusion at Accion has created the Financial Inclusion 2020 Campaign, which aims to build a movement that mobilizes stakeholders around the globe to achieve full inclusion by the year 2020.
Examining the cash flows of coffee and sugar farmers in Uganda for a CGAP-commissioned project revealed a seasonal cycle that is unsuited to monthly accounting practices. There are many ways that financial services could be designed to assist these farmers.
The Gender Performance Initiative (GPI) evaluates how effectively MFIs are serving women to ultimately build the business case that women are valuable customers and employees, as well as catalysts for social and economic change.
Muslim microfinance clients often insist on Sharia-compliant products. However, when offered, many clients try the products and then go back to conventional products. Others shun the Islamic offerings altogether. Why this disconnect between what people say and what they do?