Product innovation for the poor
This policy brief reviews evidence and draws lessons regarding the role of microfinance for income and consumption smoothing by the poor, and highlights potential areas for product innovation by the microfinance sector to address the demand for financial services for income and consumption smoothing.... MFIs, especially if they seek to benefit the poor, should concentrate more effort on services that can mitigate risks. A number of innovative MFIs offer financial products that respond to risks, such as flexible saving, services that permit prompt withdrawals, consumption credit, and even explicit health and life insurance.
|Date of creation:||2000|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.ifpri.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:fpr:mp05br:3. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.