This update provides an overview of the Guidelines for Responsible Investing in Digital Financial Series including their definitions, examples of potential actions and selected industry references.
Together with private sector investors, International Finance Corporation (IFC) has been leading a global effort to develop new guidelines for responsible investing in digital finance. These guidelines...
Ratings for the Scaling Up Sustainable and Responsible Microfinance Project for India were as follows: outcomes were satisfactory, risk to development outcome was moderate, Bank performance was satisfactory...
Lack of access to finance is a critical issue in the Indian state of Meghalaya, particularly in rural and tribal areas: Meghalaya is situated in the North East Region (NER) in India which remains the most...
IFC has worked on client-protection issues since the first microfinance investment in the early 2000s. These activities took on a more defined shape when seeds of the responsible finance program were sown...
Responsible finance, the pragmatic way forward in the global microfinance community today, is helping IFC have an impact on its clients’ operations and bottom lines as well as influence the markets where...
Equity as a funding instrument is particularly important to responsible development of financial markets. At its core, it supports the growth and diversification of microfinance institutions (MFIs) and...
In recent years, the development community has sustained support for microfinance but broadened funding to encompass a wider goal of financial inclusion. International funders have been adapting priorities...
Once the world’s leader, India’s microfinance industry went through a severe crisis, when the state of Andhra Pradesh witnessed a mass default of microfinance borrowers in 2010. Combined with allegations...