Brett is the Executive Director at My Oral Village, a not-for-profit social enterprise incorporated in Canada. He is also an Ashoka Fellow and the Managing Partner and Microfinance Specialist at the Mathwood Consulting Company.
SHGs should balance or break
In the words of NABARD, “internal savings mobilized by its members is the core of the SHG”. Banks size their loans to SHGs as a multiple of the savings accumulated. Strangely though, it is not routine for banks to verify SHG balance sheets before lending. Few SHGs try to balance their books, and even fewer have provisions for audits. In the SHG-bank linkage model, the size of bank loans is determined by the size of the SHG corpus, more than by any other single factor. As a result, SHGs face very strong systemic incentives to neglect errors that overstate their collective savings or understate losses.
Jul 16, 2019
Jul 16, 2019
Mobile Wallet Design for Oral Users
This BN is to accentuate the need to incorporate usability aspect in designs of various payment portals and user interfaces. Here many principles of usable design are also touched upon.
May 24, 2017
May 24, 2017
Learnings from Cash Economy for DFS Providers
The blog focuses on “Orality” which refers to the modes of thinking, speaking and managing information in societies where technologies of literacy (especially writing and print) are unfamiliar to most people.
May 17, 2017
May 17, 2017
Lessons from Orality for Digital Financial Services Development
At 6:30 a.m.,in a busy wholesale vegetable market on the outskirts of Varanasi, Shanti Devi is haggling with the wholesale vendor of cauliflower. The price is negotiated at ₹300 a sack. Shanti takes out two ₹500 currency notes from her batua (cloth purse) and hands it to the vendor for two sacks. The vendor hands […]
May 16, 2017
May 16, 2017
Making Business Correspondence Work – Crossing the Second ‘Break-Even’
This note summarises some of the major challenges that the BC model faces and how these challenges can be overcome by adopting client centric approach.
Jan 25, 2010
Jan 25, 2010
Orality and Microsavings
This Briefing Notes examines the challenges of retailing to illiterate people, and some of the opportunities ahead.
Jan 5, 2010
Jan 5, 2010
Making Business Correspondence Work in India
This note summarises the findings of a 3-month project by MicroSave India to clarify prospects for a sound business model for Banking Correspondent operators under the current regulations.
Sep 25, 2009
Sep 25, 2009
Village Financial Systems in Northeast India
This note provides an overview of the village financial systems in Northeast India, highlighting the flexibility and the multiple needs met by these Accumulating Savings and Credit Associations (ASCA).
Jul 14, 2009
Jul 14, 2009