This slide deck presents the summary of analysis on how the pandemic impacted MFI liquidity, portfolio quality, and solvency through the end of 2020, and forward looking stress tests, with solvency scenarios for the FMI sector.

This snapshot is part of a series published by CGAP and Symbiotics, offering regular updates on how COVID-19 is affecting the microfinance sector’s portfolio quality, financial health, and ability to serve excluded clients.

From February to April 2020, microfinance institutions (MFIs) within the Symbiotics portfolio saw disbursements and repayments contract sharply across all regions.

Based on workshops with nearly 300 participants from 30 countries, this COVID-19 Briefing contains insights for creditors and debtors on ways to effectively manage debt restructuring talks, brought on by the COVID-19 crisis.

Structural framework designed around the relations between solvency shocks and liquidity shocks