In recent years, microfinance has been central to India’s mission of financial inclusion, reaching millions who lack access to traditional banking services. While this sector has made remarkable str...
Cambodia's microfinance sector, once lauded as a transformative force for economic empowerment, is now a cautionary tale of how good intentions can lead to dire consequences without proper oversig...
The Indian microfinance sector has long been lauded for its role in financial inclusion, offering small loans to individuals who lack access to traditional banking. However, as demand for microloans g...
In July 2024, the Reserve Bank of India (RBI) issued a cautionary note advising microfinance lenders to slow down on loan disbursements in Bihar and Uttar Pradesh. This advisory comes in response to s...
Microfinance Institutions (MFIs) have long been heralded as powerful tools for economic empowerment, offering financial services to those traditionally excluded from the banking sector. However, recen...
Cambodia's microfinance sector, once hailed as a beacon of hope for economic empowerment and poverty alleviation, is now facing a severe crisis. The sector, which drew significant investments from...
In the landscape of Indian commerce and finance, two powerful movements are making significant strides towards economic inclusivity: the Open Network for Digital Commerce (ONDC) and microfinance. Whil...
Microfinance has long been recognized as a crucial tool in economic empowerment, but its impact extends beyond just entrepreneurial ventures. For many low-income households, access to microfinance is ...
In recent news from June 2024, the Reserve Bank of India (RBI) highlighted a critical issue in the Indian microfinance sector: instances of micro lenders and non-bank financiers charging excessively h...
As India continues to advance towards becoming a global knowledge economy, the expansion of its skilling initiatives is critical. However, a significant barrier to this goal is the economic capability...
Climate change poses a significant threat to low-income communities worldwide, affecting livelihoods, housing, and food security. Microfinance institutions (MFIs), which traditionally support these co...
The No-Pay Movement that swept through Nicaragua in 2008 and the ensuing years offers critical lessons for the microfinance sector worldwide. This grassroots movement, led by a politically motivated g...
As microfinance institutions (MFIs) gear up to align with the Digital Personal Data Protection Act, the emphasis on customer education has never been more pressing. The Act isn't just a regulatory...
In the face of climate change, microfinance emerges as a powerful tool to mitigate its impacts on the livelihoods of the poor. By providing financial services to those traditionally excluded from form...
The enactment of India's Digital Personal Data Protection Act has significant implications for microfinance institutions (MFIs) that handle a plethora of client data. Compliance is not just a lega...
Frauds are an area of concern for the MFIs and also for the microfinance industry. Depending on the scale of the fraud, it impacts various stakeholders. Most frauds are perpetrated either by an indivi...