The capability of their staff is perhaps the single most important resource microfinance institutions (MFIs) have for meeting the challenges of reaching more people, while navigating financial, regulatory, political, competition and other issues.
For over 30 years, microfinance institutions (MFIs) have been successfully serving some of the poor and poorest people around the world, primarily with credit products. Generally however, MFIs grapple to successfully add savings services to their portfolio of financial products.
The case study explores how Grameen Koota, a leading socially-focused microfinance institution in India, is using the PPI to measure and track its clients’ movement out of poverty.
Targeting and selecting groups for social development programs based on poverty levels can be a powerful first step in achieving greater impact. However, the complex nature of poverty often leads to processes that are accurate, but extremely customized, making it difficult to make comparisons across projects and geographies. This paper presents a methodology that aims to address both these issues.
People-related issues have consistently ranked among the top ten industry challenges in the Microfinance Banana Skins report. This review analyzes the concerns raised in the 2011 report, including governance, management, staffing and the overall institutional strength of microfinance institutions.
This case study illustrates how PRISMA Microfinance, an MFI in Peru, has collected three years of PPI data to reach and serve its target clientele. It also discusses the challenges and opportunities that the institution is facing and how it plans to address them.
In 2009, the Grameen Foundation selected CARD Bank, a Philippine microfinance institution (MFI) with over 580,000 clients, to participate in its Microsavings Initiative. This case study describes how CARD Bank has used the PPI to identify opportunities for product cross-selling.
This report examines if and how mobile phones can improve financial literacy amongst the poor. It details the findings from our pilot performed in Uganda from March through December 2010.
This is not volunteerism for the sake of volunteerism, but rather a new business model for solving some of the real problems impeding the scale, sustainability, and impact of microfinance and T4D initiatives. A greater and more strategic use of volunteers can help the field to realize, more rapidly, strategic and operational improvements.
Grameen Foundation's Growth Guarantees program was launched in 2005 to increase microfinance clients’ access to loans by guaranteeing local funding for the microfinance institutions (MFIs) that serve them.