Financial services for smallholder farmers and rural MSMEs are critical to achieving financial inclusion goals. Many MFIs and banks see potential growth from extending financial services to these unbanked clients, but their traditional approaches must be adapted to capitalize on opportunities in rural areas. MFIs and banks need long-term strategic commitment, thinking beyond only product development into changes in credit assessment, staffing and operating models. This report draws from experiences and lessons in Latin America and the Caribbean, where financial institutions have already made successful inroads into rural areas, to provide recommendations and guide MFIs and banks in all regions to better reach this untapped, “bottom of the pyramid” client base.
Publish Date: 10/21/14
Very small enterprises (VSEs) in Latin America and the Caribbean (LAC ) are often underserved by formal financial institutions.. This report highlights the results of a recent study of the existing practices in Latin America of MFIs serving VSEs. It is a starting point for an institution considering entering the segment, or for one that wishes to strengthen its position. It includes several checklists for MFIs interested in expanding upmarket into the VSE space, as well as more detailed discussions and
examples of the most relevant points.
Publish Date: 9/22/14
The 2007 global financial crisis and its aftermath highlighted critical capacity gaps in the microfinance sector, particularly in the areas of corporate governance and risk management. After reviewing existing research publications on this topic, this paper shows how the Basel framework for risk management in financial institutions can be applied to strengthen microfinance institutions.
Publish Date: 8/19/14
In this publication you will find a collection of stories of people from all over the world who changed their lives by securing a loan to buy, build, or improve their home. Their stories — better than any statistics or numbers — illustrate how access to housing finance can make a real difference in people’s lives.
Publish Date: 5/15/14
IFC has worked with ACLEDA, a Cambodian financial institution, for over 15 years, helping it grow into the largest commercial bank in the country and expand its operations into Myanmar and Lao PDR.
Publish Date: 3/21/14
IFC Outreach Data and Brochures communicate achievements and showcase successes in our MSME Access to Finance Strategy. They present aggregated results achieved by IFC supported financial intermediaries with their MSME clients.
Women-owned SMEs face a range of financial and non-financial challenges in realizing their growth potential, and are more likely than their male counterparts to cite access to finance as a major or severe constraint on their business operations. This study aims to expose the business opportunity that this untapped market represents for financial institutions by 1) estimating the market and credit gap for women entrepreneurs, and 2) presenting the findings of IFC's Portfolio Gender Baseline Survey.
Publish Date: 3/5/14
This report provides an analysis of Environmental and Social Risk Management practices in 9 emerging market countries, and gives a broad overview of regulatory guidance that is evolving around this topic.
Publish Date: 2/27/14
IFC is working with Albanian banks to introduce financial products for homeowners to popularize energy efficiency improvements and unlock energy saving potential across the country.
Publish Date: 2/24/14
The report provides a detailed look at the implementation of responsible finance principles across the three pillars highlighting emerging trends in consumer protection regulation, financial institutions’ self-regulation, and financial education.
Access to Finance Advisory's 2013 Annual Review highlights the business line's milestones and accomplishments during the fiscal year to improve availability of finance for our end beneficiaries — individuals and micro, small, and medium enterprises, through our work with financial intermediaries. We continued to help transfer knowledge and best practices to our clients in areas such as SME banking, corporate governance, risk management, energy-efficiency finance, financial infrastructure, and others — working closely with our investment colleagues to offer joint solutions.
Microfinance is an important tool for improving livelihoods at the base of the pyramid by increasing access to finance to underserved households and microentrepreneurs, especially women.
Publish Date: 12/20/13
The October 2013 GIIF newsletter includes highlights from the Fifth Resilience Dialogue Series in Washington; an interview with IFC Access to Finance East Asia/Pacific Manager, Rachel Freeman; and a featured story profile of Guerda Pierre in Haiti which illustrates what insurance can mean for microentrepreneurs in disaster-prone countries.
Publish Date: 11/21/13
IFC's Russia Residential Energy Efficiency Project works through Russian banks to finance the energy efficient modernization in the housing sector. The project aims to stimulate investment in green renovation, reduce CO2 emissions, and create enabling environment for residential energy efficiency finance in Russia.
Publish Date: 11/15/13
IFC is promoting consumer protection, financial institutions self-regulation, and financial education in India, putting responsible finance at the top of the agenda of the microfinance industry.
Publish Date: 11/15/13
In partnership with other organizations, IFC is working to restore Bosnia and Herzegovina’s microfinance sector by promoting Responsible Finance practices: consumer protection, financial institutions self-regulation, and financial education.
Publish Date: 11/15/13
The report provides a better understanding of our development impact and the returns our work is generating in Sub-Saharan Africa, focusing on concrete outcomes and results of IFC’s advisory work. It also emphasizes lessons learned from program work and notes areas for improvement and adaptation.
Publish Date: 10/25/13