Weathering the Storm II: Tales of Survival From Microfinance Crises Past
Weathering the Storm II is a follow-up to the original report and case studies, published in the aftermath of the financial crisis. This updated publication relives experiences and lessons from 16 institutions in 14 countries on four continents over 15-year period. Nearly every type of institution – from NGO to bank – is included.
The goal of the paper is to inform best practices for triaging the critical and the merely very important in order to survive and thrive. Content is organized by a hierarchy of needs for survival: liquidity, confidence, portfolio, and capital. It demonstrates how how leaders – with the support of investors and ecosystem actors — stabilized their financial institutions and embarked on a full recovery.