Six Randomized Evaluations of Microcredit: Introduction and Further Steps

16 Sep 2015

This paper seeks to identify the causal effects of expanded access to microcredit on borrowers and communities using six randomized evaluations. The evaluations are based on a variety of sampling, data collection, experimental design, and econometric strategies. The methods are deployed across urban and rural areas of six countries in four continents representing vast disparities in terms of borrower characteristics, loan characteristics, and lender characteristics. The paper finds a consistent […]

Beyond Codes: The Foundation for Client Protection in Microfinance

02 May 2014

Beyond Codes was an action research project of the Center for Financial Inclusion at ACCION. The project was designed to provide a body of experience and knowledge from leading financial institutions serving low-income people about how consumer protection codes of conduct are implemented. The two-year project started in mid-2008 and ended in June 2010. The project aimed to develop the tools and experience that could inform the subsequent work in […]

Client Protection Good Practices in Europe and Central Asia

02 May 2014

AccessBank, Azerbaijan provides financial services for micro and small businesses and low- and middle income households (the average loan size is USD 2,900). It is one of the largest private banks in the country, and is the leading microfinance bank, with over one-third of the market share. Adie, France offers micro credit and financial counseling services for micro entrepreneurs. Adie’s 27,500 clients consist of micro entrepreneurs from many walks of […]

Transparent and Responsible Pricing at Mi-Bospo

02 May 2014

The principle of transparent and responsible pricing rests on the assumption that clients are capable of making smart financial decisions when they have access to and understand all the necessary information.Transparent pricing goes beyond just stating an interest rate. Financial institutions are responsible for making sure that they communicate a product’s true total cost, along with its applicable terms and conditions,in a way that clients can understand, given educational and […]

Facing Over-indebtedness at Partner Microcredit Foundation

02 May 2014

In a vibrant and competitive microfinance sector,Partner Microcredit Foundation employs a multifaceted system to prevent, detect, and correct overindebtedness among its clients. Management views avoiding client over-indebtedness as an institutional responsibility and has built a robust system that functions throughout the lending process. Partner was started by Mercy Corps in April 1997 as a non-profit organization with a long-term goal of establishing a micro credit company to eventually transform into […]