The Impact of the Financial Crisis on Microfinance Institutions — Results from a CGAP Survey
The global crisis is spreading quickly in emerging markets but little is known about its impact on the microfinance sector: Which regions are most affected and why? Are microfinance institutions (MFIs) resilient to this unprecedented economic downturn? What is the effect of the crisis on MFI business models? And how do MFIs foresee their liquidity situation in the near future? CGAP conducted an online survey with MFIs in March 2009 to answer some of these questions and to monitor the impact of the crisis. The survey was read more…
