Tag: BURO

This note discusses in details about designing the staff incentive schemes for deposit taking microfinance institutions.

The present note discusses the needs, financial behaviour and the financial landscape of the clients. It discusses this through two case studies on how women have benefited from microfinance institutions.

This note outlines the economic and social challenges which come with old age. It documents some of the common traditional practices adopted as a security measure against these challenges.

This paper examines some of the products designed (in collaboration with MicroSave) as a respond to these needs, as well as some of the innovative delivery processes currently under testing.

The microfinance industry has traditionally seen poor people’s needs for financial services only as “credit for enterprise”. However, due to their various life cycle needs, low income clients need a range of “financial services” and not just the traditional mono-product of working capital loan. In response to this emerging need of the sector, growing numbers of financial institutions are developing and delivering a range of financial services customised to cater to client needs. This paper examines some of the products designed (many in collaboration with MicroSave) as a respond to these needs, as well as some of the innovative delivery processes currently under testing. It also reviews the MicroSave approach to product design. It concludes with comments on NABARD’s Kisan Credit Card and implications of the changing face of microfinance for the “massification” of financial services for the low income market in India.

The present paper uses the CGAP Case Study Framework and examines how BURO Tangail, an innovative large/medium scale MFI operating in Bangladesh sets about the process of product development.