DFS can help increase the use of financial services, catalyze women’s economic empowerment and promote the development of the overall economy. However, the adoption of DFS amongst the LMI, especially women has been limited. Considering the increasing need for digital payments, especially in the wake of restricted mobility that COVID 19 imposes, MSC attempted to understand what it takes to nudge low- and moderate-income (LMI) population segments to adopt DFS.

Through multiple research studies, MSC has assessed the impact of COVID-19 on women and witnessed their survival strategies. This report looks at how women perceive financial services after the pandemic, and what we can do to reduce their vulnerabilities.

The COVID-19 pandemic has posed unprecedented challenges for governments and citizens around the world, straining health systems, economies, and the very social fabric of nations. This blog explores four potential fallouts of COVID-19 that will create lasting socio-economic impact on women in India and other LMI countries.

The business correspondent (BC) network in India has become indispensable for last-mile financial service delivery across urban and rural centers. In light of the current pandemic, our note highlights the challenges BC agents face while providing services in far-flung unbanked areas.

The ability of Financial Institutions (FI) to effectively underwrite microenterprise loans depends on accurate assessment of the loan applicant’s ability and intent to repay. Traditionally, financial institutions use their past knowledge and experience of financing microenterprises to carry out such assessments.

Saloni Tandon works with Inclusive Finance & Banking domain at MicroSave and has applied MI4ID approach on various projects like …., etc

MicroSave, with support from MFIN, conducted this study to capture the experience of cash-lite/cashless models adopted by MFIs in India. The report identifies ways to accelerate the adoption of cash-lite models.