The main lending technology used by MFIs in India is the Joint Liability Group model. Using one of the largest Indian MFIs as an example, MicroSave explains how this model works and why Indian MFIs have been so successful with it.
The main lending technology used by MFIs in India is the Joint Liability Group model. Using one of the largest Indian MFIs as an example, MicroSave explains how this model works and why Indian MFIs have been so successful with it.
Interview with Ignacio Mas, Senior Advisor, CGAP. Photos courtesy of CGAP.
Interview with Ignacio Mas, Senior Advisor, CGAP. Photos courtesy of CGAP.
Author: Jenny Hoffmann This note examines some of the key strategic issues for financial institutions considering implementing mobile banking. It suggests the aspiring MFIs to assess the market potential and devise entry strategies according to the vision of the organisation. The note also mentions that mobile banking can be a supplement or substitute to the existing product or services, depending upon the goals of operators either for reducing transaction costs or attracting new customers or fo...
Interview with Ignacio Mas, Senior Advisor, CGAP. Photos courtesy of CGAP.
Author: Graham A.N. Wright, David Cracknell, Nick Hughes, Brian Richardson The need for a branch infrastructure and managing high volumes of low value transactions are the barriers related to serving the low-income market. While outlining the features of mobile banking, the note warns that the failure of such initiatives is often due to its inappropriateness to address the customers’ needs rather than because of technological problems. The note also highlights the reasons as to why should low in...
Author: Richard Ketley, Ben Duminy The conventional banks rarely provide banking services to the low income segment due to high costs associated with it. However, technology has resulted in lowering down the costs per transaction, and thus impacted the banks to consider the options of servicing the low income segment. This note talks about the gains from various technologies such as ATMs, plastic cards, mobile phones, used by the present banking system to serve the people belonging to lower inco...
Interview with Ignacio Mas, Senior Advisor, CGAP. Photos courtesy of CGAP.
Interview with Martin Holtmann, Head of the Microfinance Unit in the IFC’s Global Financial Markets Department.
Interview with Robert Dressen, Vice President, Economics, Business and Finance, DAI.
Interview with Mark Schreiner, Director, Microfinance Risk Management. Cost and future of scoring in microfinance.
Interview with Mark Schreiner, Director, Microfinance Risk Management. In rich countries, lenders often rely on credit scoring—formulae to predict risk based on the performance of past loans with characteristics similar to current loans—to inform decisions. Can credit scoring do the same for microfinance lenders in poor countries? Does scoring have a place in microfinance?
Interview with Mark Schreiner, Director, Microfinance Risk Management. In rich countries, lenders often rely on credit scoring—formulae to predict risk based on the performance of past loans with characteristics similar to current loans—to inform decisions. Can credit scoring do the same for microfinance lenders in poor countries? Does scoring have a place in microfinance?
Donna Nails, former Deputy Director, Risk Management Department, ShoreBank Corporation is talking about the key components of credit risk management.
Gautam Ivatury, Microfinance Specialist, Manager - Technology Programme, CGAP, talks about the importance and implementation of Management Information System in MFI. CGAP is housed at the World Bank, but operates as an independent entity. It has its own governance structure, designed with an agile board that includes microfinance practitioners and leaders from outside the funder community while preserving member representation.
Martin Holtmann, Head of the Microfinance Unit in the IFC’s Global Financial Markets Department is talking about the staff incentive schemes typically used in MFIs.
Fazle Abed, the founder and chairman of BRAC is talking about the BRAC approach to microfinance and their recent expansion to Africa.
This Forum organized by ShoreCap Exchange addresses strategies and tools for attracting and retaining talent, enhancing the alignment of human resource practices with primary business goals and using human capital to build institutional strengths. ShoreCap Exchange is a ShoreBank capacity building company that helps banks working to serve small business and microfinance markets overcome the substantial operational challenges they face in dealing with clients not reached by traditional financial ...
Syed Hashemi, a senior microfinance specialist of CGAP, introduces anew pathway for the poor rest to graduate out of poverty: linking two aspects of development, safty nets and the world of microfinance.
Syed Hashemi, a senior microfinance specialist of CGAP, introduces anew pathway for the poor rest to graduate out of poverty: linking two aspects of development, safty nets and the world of microfinance.
Loan officers discuss who they consider to be a good client, Biashara Imara clients give their feedback on the product, and we conclude the discussion of the Biashara Imara Lending Cycle.
Equity bank credit managers and loan officers identify the personal and professional qualities of a successful loan officer.
Dick Turner, former Chief Credit Officer, ShoreBank, shares his observations of psychological aspects of managing problem loans and treating them as a learning experience.
Dick Turner, former Chief Credit Officer, ShoreBank, shares his observations of psychological aspects of managing problem loans and treating them as a learning experience.
From making a warning phone call to starting a repossession process – in this episode we discuss the typical steps of managing a delinquent loan.
Dick Turner shares his experience on how to prepare and manage an effective monitoring visit. Dick Turner, former Chief Credit Officer, ShoreBank, has been involved in making loans and training credit staff for well over 30 years.
Dick Turner shares his experience on how to prepare and manage an effective monitoring visit. Dick Turner, former Chief Credit Officer, ShoreBank, has been involved in making loans and training credit staff for well over 30 years.
Watch the examples of various ways to monitor a loan. Listen to Equity bank loan officers and credit administrators talk about their most effective practices of monitoring loans.
Proper processing of documents is another important step in the Lending Cycle. In this episode we discuss the practices that MFIs use to ensure that all the documents are properly prepared.
