MFI Trend Lines Analysis
Date:
May 2009
By the third quarter of 2008, as the financial crisis was consuming large investment and commercial banks and the flow of credit dried up, the microfinance community asked itself how the crisis in the broader economy would impact microfinance institutions (MFIs). Evidence from analysis of past crises has shown that MFIs have weathered earlier financial sector upheavals in Asia and Latin America with only slight increases in arrears and a negligible rise in actual credit default. Yet, microfinance institutions have read more...
