Get the latest Microfinance news written in bite sized nuggets, for the curious learner of Microfinance.
MFIs in India: Need social impact monitoring
Baron Li and Eldric Lem
03 Nov 2020
"The model had its genesis as a poverty alleviation tool, focused on economic and social upliftment of the marginalised sections" "But, in their quest for growth and profitability, the social objective of MFIs—to bring in improvement in the lives of the marginalised sections of the society—seems to have been gradually eroding." - Jagriti Bhattacharyya
This week, the Microfinance Society’s Research Team summarizes “MFIs in India: Need social impact monitoring”, an opinion article by Jagriti Bhattacharyya, research scholar at IISc, Bangalore. He addresses a prominent debate on impact central to the world of Microfinance - staying afloat without neglecting the reason they exist: to create financial inclusion, reduce poverty and improve living standards.
Microfinance Institutions Could Help African Entrepreneurs Beat Back the Pandemic
12 Nov 2020
“COVID-19 threatens 20 million jobs in Africa as small business owners close shops under the economic strain from the outbreak” “It’s essential that we support SMEs right now in Africa because they are the beating heart of the continent’s economies.” - Neanda Salvaterra
This week, the Microfinance Society’s Research Team summarizes “Microfinance Institutions Could Help African Entrepreneurs Beat Back the Pandemic”, an opinion article by Neanda Salvaterra, a reporter at Karma with almost a decade of experience working at The Wall Street Journal, where she covered the oil business, the global transition to renewable energy, national elections in Nigeria and Angola and U.S. foreign policy on Africa. She addresses the key roles that financing institutions have in providing liquidity to Microfinance companies, and the importance of Microfinance in African Entrepreneurs weathering the pandemic.