Wednesday, March 18, 2009

Investment in Microfinance Industry remains robust

OVER 80 PERCENT OF INVESTORS HAVE NOT REDUCED THEIR MICROFINANCE INVESTMENT PORTFOLIO DUE TO THE GLOBAL RECESSION

Microfinance Insights Survey Reveals Views of 160 Microfinance Stakeholders; Latest issue features KIVA, Citi India, Kashf-Pakistan, Unitus, Grameen, Koota
MUMBAI, India, March 13, 2009 - As the recession spreads to developing countries around the world, and the effects of the crisis set in, Microfinance Insights explores how the microfinance sector is coping with the global recession. In the March/April 2009 issue, Global Crisis & Microfinance, sector stakeholders, from institutional investors to microfinance institutions and their clients, reveal how they have been affected by the liquidity crisis and speculate on when it will end.

Microfinance clients, many of whom are below the poverty line, have felt the squeeze with rising food and energy prices, decreases in remittances and less availability of loans. Many microfinance institutions (MFIs), particularly those not permitted to mobilize deposits, have struggled to maintain the liquidity to continue loan cycles without interruption. As the situation worsens, equity investors continue to show interest in investing in large microfinance institutions, confident that many established MFIs will weather the crisis.

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