Responsible Finance Forum

Facing Over-indebtedness at Partner Microcredit Foundation

Ewa Bankowska
01 May 2010
Source:  The Smart Campaign

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 a bank. As of 2009, the institution has 54,572 active loans in a nearly $100 million portfolio.