Lucia Spaggiari Lucia Spaggiari is innovation director at MFR. By Lucia Spaggiari Blog29 September 2021 COVID-19 and Microfinance: What the Data Says About Risk in the Sector What impact has COVID-19 had on microfinance so far? What are likely future scenarios? Learn more in this blog post, which summarizes key findings from CGAP and MFR's research that began in June 2020.