Distressed loans and the financial viability of MFIs

The viability of an MFI depends on the level of intermediation (its capacity to collect micro-savings and grant micro-credits) it carries out in the area where it is established. This is a crucial factor in its development. The micro-credit program thus becomes an instrument for revitalizing the economy by financing income-generating micro-activities in vulnerable, poor regions, and sometimes in urban centers. This program enables the less well-off to avoid or bypass the guarantees required by banks. Micro-credit is an alternative to the current financing model used by banks, and is characterized by the provision of small amounts of credit to those who cannot access bank credit due to a lack of collateral. However, examples show that there's no point in MC2s achieving colossal sales figures if they can't guarantee their follow-up. This book is the answer.