The 12 months 2009 started with intense hypothesis about how the microfinance business would climate the monetary disaster, with even seasoned business leaders questioning microfinance establishments’ (MFIs) capacity to deal with dramatic shifts in portfolio high quality, progress charges and liquidity. Now, with the worst of the monetary disaster behind us, we are able to clearly see that whereas the microfinance business typically skilled decrease profitability and portfolio high quality, it additionally demonstrated outstanding resilience. The Ladies’s World Banking community, on common, outperformed its friends— community members not solely operated extra effectively and extra profitably than the business, however this spectacular monetary efficiency was accompanied by a sustained outreach to the poor.
These final twelve months have highlighted the signature traits of organizations that carry out properly each financially and socially, corresponding to these within the Ladies’s World Banking community. We’ve seen that resilient establishments provide diversified credit score and asset-building merchandise tailor-made to their shoppers’ wants, maintain robust governance by working intently with like-minded traders and retain a give attention to microfinance’s most dependable goal market: low-income ladies. All through this report you will notice proof of Ladies’s World Banking ‘s dedication to designing services and products to satisfy ladies’s wants. For instance, our work with 5 community members to introduce financial savings merchandise for girls and women is featured on pages 11-13 of this report. And our mission extends past our work with ladies shoppers to creating positive that MFIs are themselves the employers of selection for girls. The launch of the Heart for Microfinance Management allowed Ladies’s World Banking to increase its dedication to coaching principled, visionary leaders to the microfinance business as an entire. Learn concerning the Heart’s course choices and achievements thus far on pages 14 and 15.
The 12 months 2009 was a crucible for the microfinance business and the numbers ship a transparent message: a concerted give attention to ladies is excellent for each elements of the double backside line of profitability and poverty alleviation.Obtain the English VersionDownload the Spanish Model
