About this document
Microfinance Recovery Post-Crisis ECA by mfcstat is a document available to read on EtoBox.
The document discusses how the global financial crisis impacted microfinance institutions in ECA countries. While MFIs were affected by things like worsening repayment and increased risks, most emerged from the crisis economically impacted but not badly damaged. There are signs of recovery, though unemployment remains high and growth has yet to absorb the depth of the recession. The crisis exposed flaws in how microfinance was premised on eliminating poverty through entrepreneurship and access to credit. It
- Author
- mfcstat
- Language
- EN