Mr Rozas evaluated 16 case studies of microfinance institutions’ (MFIs’) reactions to various crises that arose between 2004 and 2018 as a follow-up to the paper, “Weathering the Storm,” which was published in 2010 as a response to the global financial downturn that began in 2007. The new publication considers “the decade that followed the original paper,
Tag: CFI
MICROFINANCE PAPER WRAP-UP: “Fintech, Digital Finance and Funding: How the Development Sector Is Channeling Money to Digital Financial Services,” by Howard Miller
This paper outlines a system to “identify, classify and measure the funding flows going to DFS [digital financial services]” from funders such as development finance institutions and private foundations. The objective was to “help the inclusive finance sector better coordinate, fill gaps and identify new pathways for funding the sustainable development of digital financial services for financial inclusion.” Mr Miller’s primary findings were:
1) Development funders had USD 1.95 billion in outstanding commitments as of year-end 2018, 60 percent of which was allocated to
MICROCAPITAL BRIEF: Accion’s CFI to Hold 6th Annual Financial Inclusion Week; October 13-16, 2020
The Center for Financial Inclusion (CFI), an initiative of US-based NGO Accion, is planning to hold the sixth iteration of its Financial Inclusion Week (FIW), an annual event aimed at promoting financial inclusion, from October 13 to October 16. FIW 2020 will focus on four of CFI’s priorities: (1) Consumer Protection; (2) Data Opportunities and Risks for Financial Inclusion; (3) Women’s Financial Inclusion; and (4) Financial Services for Mitigating and Adapting to Climate Risk. The event is aligned with the initiative’s recent moves
MICROCAPITAL BRIEF: Smart Campaign at Accion to Close; SPTF, CERISE to Preserve Its Client Protection Standards, Online Resources
The Smart Campaign, an initiative of the US-based Accion’s Center for Financial Inclusion (CFI), recently announced that it would wind down following ten years of activity. Two nonprofit partners of the initiative, the US-based Social Performance Task Force (SPTF) and France-based Comité d’Echange, de Réflexion et sur les Systèmes d’Epargne-Crédit (CERISE), have agreed to continue the evolution of the Smart Campaign Client Protection Standards, thereby “ensuring that [this tool] continues to be the ‘do no harm’ foundation of social performance management” (SPM). SPTF and CERISE also will