Akhilesh Kumar Singh is Chief Financial Officer at Sonata Finance Pvt. Ltd. He is a financial sector consultant with over 15 years of experience advising banks and MFIs in India, Sri Lanka, Nepal and the Philippines.
Posts by Akhilesh Singh
Fate of MFIs post the COVID-19 lockdown – will they prove resilient again?
Read MSC’s take on the impact of the COVID-19 lockdowns on MFIs. Join our journey as we examine the surprising resilience of Indian MFIs. The blog compares past challenges like demonetization and traces how MFIs bounced back each time. The lockdown enforced to control the spread of coronavirus in 2020 has been the most severe crisis to hit the sector. Hopefully, MFIs will once again emerge resiliently.
Food security: How are agriculture and the corner shops faring amid India’s lockdown?
What is the impact of COVID-19 on agriculture and microenterprises? As transport and flow of cash and goods remain restricted, how will farmers and owners of small shops cope with the crisis? These are some questions we explore in detail as we devise suggestions for policymakers and players in the ecosystem.
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.