It is very likely that many MFIs will soon face a loan delinquency crisis. But maybe we can learn from the past how to cope with such a crisis. Grameen Bank, for instance, experienced a very difficult time after the 1998 flood in Bangladesh but eventually came out stronger than before. I only know about this from literature but perhaps there is someone out there who has first hand experiences and can share with all of us. - I work as consultant and trainer in the MF industry and try to use this crisis as an opportunity to shift to more home office and virtual work (which will also help reduce greenhouse gas emissions).
It is very likely that many MFIs will soon face a loan delinquency crisis. But maybe we can learn from the past how to cope with such a crisis. Grameen Bank, for instance, experienced a very difficult time after the 1998 flood in Bangladesh but eventually came out stronger than before. I only know about this from literature but perhaps there is someone out there who has first hand experiences and can share with all of us. - I work as consultant and trainer in the MF industry and try to use this crisis as an opportunity to shift to more home office and virtual work (which will also help reduce greenhouse gas emissions).