The FinDev Gateway Blog features interviews and blog posts from financial inclusion practitioners around the world. In this community space, we share lessons learned, new ideas, and upcoming research from the field.
According to many in the impact investment industry, microfinance is dead - yesterday's solution at best. Fortunately for people at the bottom of the pyramid (BOP), no one told microfinance that it has died. But where is it going now and what do MFIs need to do to stay relevant?
Until now, reliable data on the financial lives of smallholder families has been scarce. Three new tools from CGAP, Insight2Impact, MIX and One Acre Fund shed light on this massive untapped market for financial services.