Microfinance Focus, "MFIs Weighing Deposit Mobilization"
Publication Date:
Aug 21, 2009
More MFIs than ever before are using deposits such as savings accounts and time deposits to fund their operations and expansion, according to a new study by the Microfinance Information Exchange, Inc. (MIX).
The report focused on the question whether microfinance institutions (MFIs) that mobilise deposits are serving the low income and poor client with savings products. The paper, titled “Microfinance and Small Deposit Mobilization: Fact or Fiction?” proposes a new indicator for better analysis and tracking of the relative size of deposit accounts worldwide.
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