SIX "Rs" STRATEGIES FOR MFIs TO MANAGE THE
COVID-19 CHALLENGES.
Hei,
COVID-19 has impacted the Microfinance sector
drastically and its clients - mostly the poor
people, who are in the informal sector undergo
huge suffering. Each MFI is working out their
strategies to overcome the crisis.
I have come out with "Six Rs strategies" for MFIs
to manage the COVID-19 challenges.
1. Radiate Positivity
2. Reassure the continuity
3. Revise the plan
4. Reinvent the model
5. Relief to the clients
6. Reconstruct the livelihoods
I have also given Six suggestions to RBI on how
the Banks and Development Finance Institutions
should come forward to help the MFIs who have the
last-mile connectivity, so that people at the bottom
of the pyramid restart their livelihoods.
You can read the full article in my blog and you
can have a FREE DOWNLOAD OF THE ARTICLE AS A PDF
from this link
SIX "Rs" STRATEGIES FOR MFIs TO MANAGE THE
COVID-19 CHALLENGES.
Hei,
COVID-19 has impacted the Microfinance sector
drastically and its clients - mostly the poor
people, who are in the informal sector undergo
huge suffering. Each MFI is working out their
strategies to overcome the crisis.
I have come out with "Six Rs strategies" for MFIs
to manage the COVID-19 challenges.
1. Radiate Positivity
2. Reassure the continuity
3. Revise the plan
4. Reinvent the model
5. Relief to the clients
6. Reconstruct the livelihoods
I have also given Six suggestions to RBI on how
the Banks and Development Finance Institutions
should come forward to help the MFIs who have the
last-mile connectivity, so that people at the bottom
of the pyramid restart their livelihoods.
You can read the full article in my blog and you
can have a FREE DOWNLOAD OF THE ARTICLE AS A PDF
from this link
https://drnjeyaseelan.com/free-resources/
Wish you a Happy reading and Share this with your
friends in the Microfinance sector.
Let us fight together to overcome this black swan event
and protect the vulnerable people.
Stay safe and stay protected.
Regards
Jey
Dr.N.Jeyaseelan,
Dedicated to the Purpose of transforming 1 million people to harness their full potential by 2025.
CEO, Virutcham Academy for Social Changemakers LLP,
Mahindra World City, Chennai. 603 004.
www.drnjeyaseelan.com