This paper discusses the potential of providing housing finance to the poor through microfinance institutions (MFIs) and issues that are likely to arise in doing so. Using a demand assessment conducted at Ankuram Sangamam Porum (ASP) in Andhra Pradesh, the paper demonstrates how an MFI can develop a housing microfinance product based on their clients’ socio-economic status and demand for the product.
This case study aims to identify innovative practices among MFIs operating in the urban space, particularly strategies for broad basing their clients, financial services offered, and community involvement. With the above goals in mind, this study details the strategies Satin Creditcare uses to overcome operational challenges in the urban space.
This study combines several independent CMF studies with six prominent microfinance institutions that operate in urban areas. These case studies identify innovative practices among these institutions, including strategies used for broad basing their clients, examining the array of financial services offered to the urban poor, and discussing the challenges and opportunities that remain in urban microfinance. Six institutions are analyzed in this study, specifically: Ujjivan, SEWA Bank, Working Women’s Forum (WWF), Indian Bank’s Microsate Branch, Village Welfare Society (VWS), and
This brief captures lessons from a study that seeks to improve women’s awareness about savings products.
Deepti KC, Mudita Tiwari, Vanya Mehta, Spandana Bhattacharya
This report presents findings from a study conducted as an experiment in Bihar, an eastern state of India, with 203 women, many of whom were a part of Self Help Groups (SHGs). The authors tested context-specific Financial Education (FE) to understand whether these modules help women become more aware of their savings habits.
Mudita Tiwar, Deepti KC
The research was aimed at understanding the social, cultural and economic factors influencing modes of payments (cash versus electronic) used by small scale entrepreneurs. The findings indicate a strong preference for cash, which is a culturally accepted payment mode for business transactions.
Shawn Cole, Nilesh Fernando, Tarun Pokiya, Hee Kwon Seo, Niriksha Shetty
This policy brief describes lessons from a large-scale field experiment that has delivered mobile-phone-based agricultural information to cotton farmers in western India.
Repayment Flexibility in Microfinance Contracts: Theory and Experimental Evidence on Take-up and Selection
This paper studies the impact of introducing repayment flexibility in microfinance contracts. The author builds an adverse selection model that predicts the existence of a separating equilibrium where lenders are able to achieve higher profits by simultaneously offering a rigid and a flexible repayment schedule, instead of just a rigid contract.
Bindu Ananth, Bastavee Barooah, Rupalee Ruchismita, Aparna Bhatnagar
This paper attempts to articulate a new vision for the scaled delivery of comprehensive financial services to the rural and urban poor of India. The strategies suggested in the document draw heavily on the lessons from previous experiences in this sector both here in India and other international markets.