Akhilesh Kumar Singh is a Specialist and leads MSC’s Microfinance Practice Group. He is a financial sector consultant with over 15 years of experience advising banks and MFIs in India, Sri Lanka, Nepal and the Philippines.
Before joining MicroSave, Akhilesh worked as a Deputy General Manager in Cashpor Micro Credit, a large MFI operating in the underserved areas of India. He developed the annual strategic business plan, conducted fund mobilization, managed portfolios, and conducted training. He is fluent in Hindi and English. Akhilesh holds an Advanced Diploma in Rural Technology Development and Management from the Institute of Engineering and Rural Technology, India.
Posts by Akhilesh Singh
Is There a Magic Stick to Manage Delinquencies?
Delinquency is a systemic issue in microfinance institutions, once it is detected a through system review is needed. There are few quick measures which can give immediate relief, if problem is detected at an early stage. However, system overhaul is essential to find long term solution. This video talks about general perception of MFIs regarding […]
Alternative financial education approach to design effective financial education/capability programmes
MicroSave implemented an Alternative Financial Education programme (AFE) at one of the biggest MFIs in north India. The tool based was based on the principle of product-led financial education, the programme delivery was embedded in the existing operational structure of the MFI, and the tools were designed using SWITCH behavior change framework.
MFIs do not fit into clients’ mental models of where to save. This note studies, on how MFIs can turn this situation around using client’s demand for credit and desire to accumulate lump sums as triggers to induce active savings behaviour through MFI-BCs.