India Focus Notes

This Focus Note (a) presents the rationale and impact for multiple borrowings from a client perspective; and (b) discusses how the MFI and its leaders perceive the issue and its implications. It is difficult to attribute multiple borrowings just to unmet demand for credit from borrowers, or to dumping of loans by the MFIs on clients well versed with the MFI methodology.

This Focus Note attempts to provide insights into the different sources of capital available to nascent MFIs in India and how an MFI might improve its ability to attract such capital. Much of the data for this note is collated from MicroSave partners under the RBSFI/Cordaid Technical Assistance programme for “Nascent MFIs”.

This note examines harnessing technology to optimise the delivery of remittance services – particularly for banks. It assesses the challenges for banks with the growing use of their core banking systems as a vehicle for remittances, and how they might transform these challenges into opportunities through using Banking Correspondents and e-/m-banking.

There is huge business potential in domestic remittances from migrant labour in cities across India. This note analyses the demand side, analysing the four basic types of migrants and three types of recipients, their livelihoods and their remittance behaviour. It then examines what remitters and recipients look for in a remittance product.