Microfinance has been a lifeline for many low-income people at the base of the pyramid, helping them break the cycle of poverty and improve their lives. Yet the rapid growth of the microfinance industry, combined with limited financial literacy among its customers, made it particularly vulnerable during the 2008-2009 global financial crisis. To expand short-term financing solutions to the microfinance industry following the crisis, to keep credit...
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INFORMATION
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2015/03/01
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99061
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2015/08/24
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Disclosed
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The need for speed : helping the microfinance industry stay afloat in times of crises
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microfinance institution
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