It is very interesting article as a call to MFIs.
The fact is that the Poor's need is so diversified, which includes not only "productive loan" but also "Non productive loan". For example, when they are lack of food or water, they need loan for their consumption to be exist, to live before thinking about the production.
In such situation, MFI need to address the social issue before the economic one. In such way, the microfinance address the broader goal of the institution.
Thanks for sharing this.
Regards,
Tuan in Vietnam
It is very interesting article as a call to MFIs.
The fact is that the Poor's need is so diversified, which includes not only "productive loan" but also "Non productive loan". For example, when they are lack of food or water, they need loan for their consumption to be exist, to live before thinking about the production.
In such situation, MFI need to address the social issue before the economic one. In such way, the microfinance address the broader goal of the institution.
Thanks for sharing this.
Regards,
Tuan in Vietnam