Lucia Spaggiari

The Hidden Costs of Forex Funding: Do Women Pay a Higher Price?

Smaller lenders serve women borrowers best but face high costs, forex risk, and limited scale. In light of this fact, donors and DFIs must expand local currency funding and strengthen risk management to close the gender gap in finance.

How can PAYGo Solar Reach the Underserved and Stay Sustainable?

PAYGo solar is crucial for expanding energy access, yet the financial sustainability of companies in the industry remains a significant challenge. CGAP, MFR, and GOGLA analyze how different PAYGo firms are able to reach low-income customers.

Which Kind of Microfinance Institutions Can Serve Women Best?

CGAP and MFR analysis of 300+ MFIs explores the trends, challenges, and successes in closing the gender credit gap for smaller borrowers and identifies optimal designs for supporting more women clients, more equitably, and in more parts of the world.

In a Post-Pandemic World, How Healthy Are MFIs?

CGAP analysis with MFR of MFIs post-COVID suggests that there seems to be a cluster of institutions still experiencing high credit risk, and unfortunately, the smallest institutions seem to be facing the biggest problems.

What Have We Learned from Recent PAYGo Off-Grid Solar Analysis?

CGAP and partners recently performed a sectoral analysis of PAYGo off-grid solar firms, with initial insights shared here. The work has greatly contributed to standardization, clarifying the investment opportunity and encouraging further funding.