How is COVID-19 impacting the portfolio quality of microfinance institutions and other lenders serving low-income customers? Are providers facing a liquidity crisis? Is their solvency at risk? What is their outlook on the sector? CGAP’s Global Pulse Survey of Microfinance Institutions, conducted June – December 2020, offered the first picture of how COVID-19 was affecting the microfinance sector at the global and regional levels. Following on the pulse survey, CGAP and Symbiotics began releasing joint “snapshots” on how the pandemic is affecting Symbiotics’ global portfolio.