Financial Crisis Impact on MFIs and their Clients Part 2
In this video series-2, Elizabeth Littlefield, CEO, CGAP, takes the discussion further on Financial Crisis and its impact on MFIs. She explains why MFIs cannot fail and why in some markets MFIs need to distinguish itself from mainstream profit maximising consumer credit. She further explains the important role CGAP plays in dealing with the crisis.
Financial Crisis Impact on MFIs and their Clients Part 1
In this video series-1, Elisabeth Littlefield, CEO, CGAP, talks about financial crisis within microfinance industry and its impact on MFIs and their clients. Elisabeth highlights that the food crisis coupled with oil crisis has resulted in the fall in financial condition of microfinance borrowers. She notes that due to the crisis remittances were going down […]