Can microfinance adapt to profound changes?
CGAP and Citi have sponsored the 'Microfinance Banana Skins 2008' survey of leading industry opinion.

According to this new survey of the risks facing microfinance, completed at a time when the sector is undergoing profound changes, the greatest threats to the business lie in poor management and inadequate corporate governance. In a fast-changing landscape of fresh funding, rapid growth and rising competition, can microfinance rise to the challenge? CGAP and Citi Foundation have initiated the first ever 'Microfinance Banana Skins' survey of leading industry opinion to raise awareness of the perceived risks facing the industry.

The Banana Skins report reflects the views of more than 300 respondents from 74 countries, and is the most comprehensive survey undertaken of the risk outlook for microfinance. The industry survey was conducted by David Lascelles of CSFI, author of the well-known Banking Banana Skins report. Microfinance Banana Skins 2008 was sponsored by CGAP and Citi Foundation, with support from the Council of Microfinance Equity Funds (CMEF) and the Microfinance Information eXchange (MIX).

The report is sponsored by CGAP and Citi Foundation in order to help raise debate on the risks facing the sector.

Read more about the 29 top risks facing microfinance.