Akhilesh Singh

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 […]

Small Finance Bank Licences: Not the End of the Road for Non-SFB MFIs

MFIs that are not small finance banks can also find ways to increase their market share.This note discusses all these aspects in detail.

Transformation of Microfinance Institutions to Small Finance Banks: Differentiating Men from the Boys!

This note is second in the series and examines how small finance banks can build a first-class retail institution that focusses on low-income clients.

Transformation of Microfinance Institutions into Small Finance Banks: Will it be a Roller Coaster?

In this note, we discuss various challenges that MFIs may face while transforming into small finance banks. The second note in this series would examine plausible solutions.

Can You Really Use Mobile Money for Microfinance? Lessons from a Pilot

In this Note we examine the evolution and mechanics of MNO-MFI partnership and how this partnerships could be made mutually more rewarding in the context of mobile money deployments.

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.

How Can BC-MFIs Tap Household Savings?

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.

The Essential Ingredients of an Effective Financial Education Programme

In this Briefing Note we discuss areas that we think were critical to the design of the financial education programme – the essential ingredients.