This post is a follow-up to our original post on IFMR’s recent securitization deal.
1/28: Reading @IFMRTrust's response (http://bit.ly/d8eEgB) to our post (http://bit.ly/80FNV2) on their first multi-originator securitization.
Curious about ongoing impact assessments in microinsurance? Check out the Stocktaking Initiative website launched by the Impact Working Group of the Microinsurance Network. The website tracks ongoing impact assessments of microin
Princess Máxima, the UN Special Advocate on Inclusive Finance, addressed a special event on “Microfinance, who profits?” at the Peace Palace in The Hague earlier this week. She expressed the opinion that “Microfinance should not stand alone, it needs to come as part of a rounded policy aimed at fighting poverty effectively.”
It may still be too early to tell whether Grameen Bank’s expansion to the U.S. can be deemed a success, but so far the film version is getting rave reviews at the 2010 Sundance Film Festival.
What do you think would make you more likely to save—being paid a higher interest rate or the social pressure of making a public commitment to save more and then having your peers monitor your progress? A new paper from Felipe Kast and Dina Pomeranz (hat tip to the CMF folks for blogging it firs
Jonathan Morduch discusses the challenges of living on $2 a day with Geoff Dabelko of the Woodrow Wilson Center.
1/22: New video from Jonathan Morduch: the challenges of living on $2 a day. http://bit.ly/89OrY7 #microfinance
The first chapter of the new book Portfolio of the Poor: How the World's Poor Live on $2 a Day is now available in French and Spanish at the links below.
Chris Blattman did a nice job of highlighting some of the more interesting presentations from AEA. I would add two more:
In an industry long focused on microcredit, microsavings is often referred to as “the forgotten half of microfinance”. Now, thanks to a new push from the Gates Foundation, it’s about to be remembered.
I was surprised to learn the other day that in Bolivia a huge fraction of the goods purchased with microcredit are smuggled across the Peruvian and Chilean borders in order to avoid customs (for instance, most appliances are smuggled here). Ignoring the morality of it (I don't think the government cares all that much - many retailers who sell contraband pay sales tax), do you think that the behavior of clients who sell contraband is somehow different? Are people who can and do buy illegal products less likely to care about fulfilling their loan commitments?
On February 23 and 24 I will attend the 2010 Microinsurance Summit in London. The conference's packed agenda and exciting speaker line-up promise interesting discussions on the following questions: What are the most effective delivery channels for the distribution of microinsurance products? What performance indicators can be used to improve program management?
A new year brings some good news: BRAC’s founder and Chairperson, Fazle Hasan Abed, is to be knighted by Her Majesty Queen Elizabeth II for services in tackling poverty and empowering the poor in Bangladesh and globally.
In catching up on my blog reading after the holidays, I lingered over Rich Rosenberg’s post on whether microcredit is squeezing out moneylenders.

