MICROCAPITAL BRIEF: CGAP (Consultative Group to Assist the Poor) Microfinance Blog Explores Effects of Arab Upheaval on Microfinance Institutions (MFIs)

CGAP Microfinance Blog, operated by US-based think tank CGAP (Consultative Group to Assist the Poor), recently posted an article by Mohammed Khaled, a CGAP representative for the Middle East-North Africa Region, that explores the implications for microfinance institutions (MFIs) of the recent wave of demonstrations and resulting leadership changes that have occurred in the Middle East and North Africa. Mr Khaled says that while it “could be too early to analyze the impact of recent events in the Arab world on microfinance, one can conclude some general and common lessons despite differences among countries” [1]. Mr Khaled argues that the following areas are of the utmost importance: emergency plans, strategic partnerships with clients, internal control systems and job creation [1].

Mr Khaled’s article on the CGAP Microfinance Blog can be found at: http://microfinance.cgap.org/2011/04/13/recent-developments-in-the-arab-world-implications-for-microfinance-institutions/

By: Alexandra Pattee, Research Associate

About CGAP (Consultative Group to Assist the Poor): Housed at the World Bank Group, CGAP (Consultative Group to Assist the Poor) is an independent policy and research center dedicated to facilitating the provision of financial access to poor people worldwide. CGAP is supported by approximately thirty development agencies and private foundations. Its mission is to provide market intelligence, to promote standards and to offer advisory services to governments, microfinance providers, donors and investors.

Sources and Resources:

[1] CGAP (Consultative Group to Assist the Poor) Microfinance Blog, “Recent Developments in the Arab World: Implications for Microfinance Institutions”, http://microfinance.cgap.org/2011/04/13/recent-developments-in-the-arab-world-implications-for-microfinance-institutions/

MicroCapital.org Article, March 27, 2011, “CGAP Launches Islamic Microfinance Blog Series Featuring Finalists of Global Islamic Microfinance Challenge 2010: Al Amal of Yemen, Tanzania ecoVolunteerism, Bisma of Indonesia and Tameer, CWCD of Pakistan”, http://www.microcapital.org/microcapital-brief-cgap-launches-islamic-microfinance-blog-series-featuring-finalists-of-global-islamic-microfinance-challenge-2010-al-amal-of-yemen-tanzania-ecovolunteerism-bisma-of-indonesia-and/

MicroCapital.org Article, February 15, 2011, “CGAP (Consultative Group to Assist the Poor) Explores Over-Indebtedness in Microfinance Through New Blog Series”, http://www.microcapital.org/microcapital-brief-cgap-consultative-group-to-assist-the-poor-explores-over-indebtedness-in-microfinance-through-new-blog-series/

MicroCapital’s Microfinance Universe: CGAP (Consultative Group to Assist the Poor), http://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=CGAP+%28Consultative+Group+to+Assist+the+Poor%29

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