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.
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 […]
Gamification plays a crucial role in research, prominently for financial services research where respondents are hesitant around money questions. This blog accounts how games can help gauge right responses.
Role of information sources in financial capability
The key to understanding poor people’s financial management is to understand how they make decisions and what influences the decision making. This research explores the role of information sources in poor households’ decision making processes.