The Promises and Risks of Commercializing Microfinance
The performance of the industry has mitigated and obscured the tensions created by commercialization and accessing mainstream capital markets.
Reflections on the Commercialization of Microfinance
Various voluntary efforts for MFIs to behave better in Andhra Pradesh went unheeded. Unfortunately, these voluntary commitments were never honored, resulting in a metastasized problem in AP in 2010.
Time to Choose
We need to focus on the real underlying issue and thinking that it is commercialization that is the problem.
A Quick Journey Through the History of Usury
Microfinance is at a critical juncture, and as we reflect on how we got here, should ask: What makes us different from what was previously done through the ages, since coins were first established as a medium of exchange? And how do we maintain what’s different and avoid slipping into the well-worn paths that emerge when we examine the history of usury?
Commercialization of Microfinance
The topic of commercialization has been hotly debated, largely because it raises fundamental questions about whether the dual social and financial missions of microfinance can coexist.
MFIs Should Do Responsible Finance
Responsible finance is not just the responsibility of the MFIs. Other stakeholders have a role to play. These stakeholders should exhibit the same virtues that they demand of MFIs.
Making Finance More Responsible
If you ask social investors whether responsible finance should be the “new normal” in microfinance, the answer is always yes.
Client Protection: Are We There Yet?
Since its launch, the Smart Campaign has made enormous strides toward ensuring that clients of microfinance would receive transparent, respectful, and prudent treatment.
Is Responsible Finance in Your DNA?
Responsible finance is a way of doing business – a never-ending process of adapting your products, processes and policies to keep your clients at the center.