This case study shares the lessons learned during the implementation of components of the Responsible Finance program of IFC’s advisory Services—and how that program is having a clear and defined impact on India’s microfinance industry.
This case study uses recent projects in China to show how responsible finance is breaking new ground for IFC in microfinance, enhancing IFC's relationships with its existing partners, and providing demonstration results to share with potential new partners, within the microfinance sector and beyond.
Since 1996, the Guatemala's economy has stabilized and liberalized, experiencing an average growth rate of 3.5% and a doubling of exports between 2002 and 2010.
Ecuador has exhibited impressive resilience to the effects of the global financial crisis of 2008, given that two of its main sources of foreign earnings were simultaneously hit and that it is a dolarized economy and thus has constrained access to macroeconomic tools.
Colombia's economic policies and its aggressive promotion of free trade agreements in recent years have strengthened its capacity to weather shocks, such as the global financial crisis.
The Global Microscope 2013 report placed Bolivia second in the ranking of best business environments to foster microfinance, after Peru, citing a strong and supportive regulatory framework.
The microfinance sector in Nicaragua is undergoing a process of consolidation and recovery after being faced with an array of challenges between 2008 and 2011.
Hailed as the "Andean miracle," Peru has been on of the fastest growing and most stable economies in Latin America.
Many banks around the world have been successful by focusing their serves around micro, small and medium enterprise (MSME) banking. However, there is a tendency for such banks to focus on the higher end of the MSME market, avoiding the risks and administrative costs that come with serving smaller businesses.
Morocco is regularly included in the pantheon of microfinance crisis markets Bosnia, Nicaragua and Andhra Pradesh which together had a major negative impact on the sector's reputation. However, the crisis in Morocco was both less sever and shorter than the markets to which it is often compared.