Sustaining Microfinance in Post-Tsunami Asia

As the communities most affected by the recent devastating tsunami courageously begin to rebuild their lives, microfinance institutions (MFIs) can play a powerful part in the path to recovery. Since the immediate aftermath of the tragedy, MFIs have been tirelessly providing and coordinating emergency relief, and a few are beginning to help local communities reconstruct homes and return to economic activity. MFIs provide the appropriate range of emergency and longer-term assistance to their clients, while helping both MFIs and donors ensure that the ultimate mission of the MFI to be a sustainable provider of financial services is not compromised.

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Bibliographic Details
Main Author: World Bank
Language:English
Published: Washington, DC 2005-02
Subjects:BLANKET, BORROWER, BRANCHES, CGAP, COMMERCIAL BANKS, CREDIT CULTURE, CREDIT STANDING, DEBT, DEFAULTS, DEPOSIT, DEPOSIT ACCOUNTS, DISASTER, DISASTER RESPONSE, DISASTER SITUATIONS, DISASTERS, DISBURSEMENT, DONOR SUPPORT, ECONOMIC ACTIVITY, EMERGENCIES, EMERGENCY LOANS, EMERGENCY RELIEF, FINANCIAL ASSISTANCE, FINANCIAL SERVICES, FINANCIAL SERVICES PROVIDER, FINANCIAL SUPPORT, FINANCIAL SYSTEMS, INFORMATION SYSTEMS, INTEREST RATES, LATRINES, LENDER, LIQUIDITY, LIQUIDITY POSITION, LOAN, LOAN OFFICERS, LOAN PORTFOLIO, MFI, MFIS, MICRO-INSURANCE, MICROFINANCE, MICROFINANCE INSTITUTIONS, MICROFINANCE PRACTITIONERS, NONGOVERNMENTAL ORGANIZATIONS, PRINCIPAL PAYMENTS, PRINCIPAL REPAYMENT, RELIEF ACTIVITIES, RELIEF AGENCIES, RELIEF AGENCY, RELIEF ASSISTANCE, RELIEF EFFORTS, RELIEF OPERATIONS, RELIEF ORGANIZATIONS, REPAYMENT, REPAYMENT RATES, REPAYMENTS, RETURN, SAFETY, SAFETY NETS, SAVINGS, SUSTAINABILITY, TERM LOANS, TSUNAMI, UNSUBSIDIZED LOANS, WITHDRAWAL,
Online Access:http://documents.worldbank.org/curated/en/2005/02/9638844/sustaining-microfinance-post-tsunami-asia
https://hdl.handle.net/10986/9673
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Summary:As the communities most affected by the recent devastating tsunami courageously begin to rebuild their lives, microfinance institutions (MFIs) can play a powerful part in the path to recovery. Since the immediate aftermath of the tragedy, MFIs have been tirelessly providing and coordinating emergency relief, and a few are beginning to help local communities reconstruct homes and return to economic activity. MFIs provide the appropriate range of emergency and longer-term assistance to their clients, while helping both MFIs and donors ensure that the ultimate mission of the MFI to be a sustainable provider of financial services is not compromised.