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Microfinance in a Dynamic Market: Financiera CREAR Peru Part 2

In this video series-2 Marcos Corrales, manager of Financiera CREAR’s Lima regional branch (Peru) shares the company’s goal to achieve high productivity. Sharing his experience, Marcos says to achieve high productivity CREAR managers focus on various areas starting from staff selection, proper and extensive trainin, and incentive based income structure for the bank staff. He further discusses CREAR’s various financial products designed to meet the requirements of specific target groups such as a loan product for single working woman.

Microfinance in a Dynamic Market: Financiera CREAR Peru Part 1

In this video series-1 Marcos Corrales, manager of Financiera CREAR’s Lima regional branch (Peru), talks about the success factors that contributed to the strong growth and performance of their lending activities. Peru is one of the most dynamic microfinance markets in the world. Marcos, who heads seven branches, tells that they started as an NGO 12 years back and have converted to for- profit venture. CREAR serves the micro-credit sector basically the micro-entrepreneurs. He further informs about loan products in their portfolio for various purposes such as for working capital, home loan etc.

Understanding remittance networks in Gujarat, Orissa and Bihar

This research explores the remittance options currently available to Indian migrant workers in Gujarat and recipient families in rural Orissa and Bihar. It also examines the benefits of a business correspondent remittance service.

Multiple borrowing in the Philippines

To better understand multiple borrowing and its association with over indebtedness, MicroSave partnered with TSPI to study the phenomenon, which found strong evidence of multiple borrowing among urban-based women micro entrepreneurs.

Mobile Money In Pacific Islands 2

In this video Michael McCaffrey, Financial Inclusion Technical Specialist, Pacific Financial Inclusion Program (PFIP), talks about the design of a suite of products such as remittances, savings, and micro-insurance for low income people. Explaining it approaches, he says at the Macro level in alliance with Alliance for Financial Inclusion, they are developing policies and regulations to strengthen financial landscape in Pacific Islands. On micro-level, PFIP is working with service providers such as mobile operators and credit unions. On client side, PFIP is working with Australian agency to create national curriculum programme to incorporate financial education at school level.

Mobile Money In The Pacific Islands 1

In this video Michael McCaffrey, Financial Inclusion Technical Specialist, Pacific Financial Inclusion Program (PFIP), talks about the specific challenges of improving financial inclusion in remote island states. He shares the PFIP experience with mobile banking and explains how commercial banks can help improve the financial infrastructure. Michael notes that the needs of various island countries are different in terms of remittance, savings and credit products. He further highlights how mobile banking can offer this wide variety of services to such consumers.