Publication

Savings Are as Important as Credit: Deposit Services for the Poor

Savings are often the only way poor people can manage to pay for a major life event (such as a marriage or funeral), survive a natural disaster, or take advantage of a business opportunity. This Donor Brief outlines what donors can do to support savings services that help poor people improve their lives.
Publication

Water, Water Everywhere, but Not a Drop to Drink

"Water" in this title refers to donor funds for microfinance institutions (MFIs). Strong MFIs have an oversupply of donor funds, it seems money is everywhere. But many smaller and promising MFIs cannot get the funds they need to grow. This Donor Brief addresses how donor funding can become more effective.
Publication

Microcredit: One of Many Intervention Strategies

Microcredit is just one of many strategies that can alleviate poverty, generate income, and promote employment. This Donor Brief outlines for donors when microcredit will be successful, when it is inappropriate, and what alternative interventions can be used to strengthen the livelihoods of the poor.
Publication

Apex Institutions in Microfinance

The Occasional Paper reviews the experience of national microfinance apexes -- wholesale mechanisms that channel funds, with or without supporting technical services, to retail microfinance institutions in a single country or integrated market.
Publication

A Multilateral Donor Triumphs over Disbursement Pressure

The CrediAmigo microfinance program mounted by Brazil’s Banco do Nordeste (BN) shows how an international financial institution like the World Bank can be a useful catalyst in the development of microfinance retail capacity.
Publication

Commercialization and Mission Drift: Transformation in Latin America

This Occasional Paper examines the impact of commercialization and increased competition on the strategy and performance of microfinance institutions in Latin America, with particular focus on "mission drift"-- whether or not commercialization drives MFIs to deviate from their original missions.
Publication

Exploring Client Preferences in Microfinance

Microfinance products tend to be uniform across large geographic areas. For example, in Bangladesh most microfinance institutions (MFIs) offer some variant of the product pioneered by Grameen Bank—a loan with a term of about a year, repaid in frequent (usually weekly) installments, given in a group context, ostensibly for micro-enterprise use, and with a compulsory savings element.
Publication

Microfinance and Risk Management: A Client Perspective

As the microfinance industry matures, service providers are increasingly concerned with developing new and better products. This focus on new product development is a response to growing competition in the microfinance market, the search for more defined market niches, and some anxiety about dropout rates.
Publication

Measuring Microcredit Delinquency

This Occasional Paper addresses issues surrounding measuring microcredit delinquency rates. Not only can poor ratios mislead donors, they can also obscure urgent problems from microfinance institution managers until it is too late to reverse them.
Publication

Savings Mobilization Strategies: Lessons from Four Experiences

Around the world, poor households save in various forms and for various purposes. Although empirical evidence suggests that the poor would deposit if appropriate financial institutions and savings facilities were available, little progress has been made to establish microfinance institutions (MFIs) as full-fledged financial intermediaries.