For most of its history, microfinance has focused on credit. Savings, which are very important in helping poor people start a business, mitigate risks, and maintain at least a minimum level of consumption, has traditionally played a secondary role. In recent years, Microfinance Institutions (MFIs) have increasingly recognized the importance of savings and introduced savings products. Now, faced with growing competition, many MFIs are rethinking whether...
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DETAILS
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2011/01/01
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Brief
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63624
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1
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1
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2011/08/04
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Disclosed
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Is there a business case for small savers?
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small saver
Citation
Westley,Glenn; Martin Palomas,Xavier.
Is there a business case for small savers? (English). CGAP brief Washington, DC: World Bank. http://documents.worldbank.org/curated/en/913951468157519900