Library Videos Failures in Microfinance Lessons Learned Part 1

Failures in Microfinance Lessons Learned Part 1

13 Jun 2011 964

In this video series-1 Alex Silva, a microfinance pioneer focuses on the need to study the failures of microfinance institutions so the new generation practitioners can avoid those pitfalls and learn from the past mistakes. Studying the 10 unsuccessful MFIs in the past 10 years in Latin America, Alex outlines six major reasons for the downfall of MFIs, namely, because organisations abandoned their methodology, systematic frauds within the organisation, organisations grew too fast, inability to adapt to new atmosphere, government’s intervention and lack of focus.

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