At Kiva, we value being in tune with the current news, research, and findings, so each week we are going to bring you the latest updates in Microfinance!
In this post, we cover the following: how borrowers are spending loan money, how technology is making the job of loan officers easier, the role of Microfinance Investment Intermediaries (MIIs), when do best practices become the new norm, the burden of reporting for MFIs and much much more.If you can only read one: What Percentage of Microfinance Loans Actually Go to Business Investment?source: Freakonomics
We know in microfinance that loans don't always go to business investment, and that often businesses can be positively impacted when loans are used for a variety of expenses. This study explores the challenge of getting honest survey results and what to think about their implications.If you can read more than one...Simple MFI – Open Source Android application for microfinance loan officerssource: Microfinance Daily
A Google developer on sabbatical created "Simple MFI" to make the job of a microfinance loan officer easier.Opportunities and Obstacles to Financial Inclusionsource: Center for Financial Inclusion
Kiva participated in a survey earlier in the year on the topic of financial inclusion. The feedback of 300 microfinance experts has been compiled in this report, which we are excited to share with you.Technology: A slate for micro-financesource: The Hindu
Technology has played a critical role in Kiva's success. Read about a new slate device intended to simplify microfinance in India.CGAP and Microfinance Investors: New Questions, New Rolesource: CGAP Microfinance Blog
Microfinance Investment Intermediaries (MIIs) like Kiva are the subject of several new studies.Responsible Finance: Will it become the “new normal” in financial services for the poor?source: CGAP Microfinance Blog
When do best practices in microfinance become the new normal?Why Housing Microfinance is Not a Base of the Pyramid Solutionsource: Microfinance Gateway
Housing microfinance has grown in recent years. Read a view of the challenge of bringing this innovation to the base of the pyramid.Understanding MFIs' Reporting Burdensource: MIX Market
Kiva is built upon data. Read about the challenge of reporting burden on microfinance institutions and how that can impact resources and the delivery of financial services.Rethinking Multiple Borrowingsource: MIX Market
Multiple borrowing is often cited as a major cause of borrower over-indebtedness. Read this more nuanced approach to the topic.