A Call to Action: How Donors, Investors and Policymakers Can Help MFIs Survive COVID-19
Recognizing the need for collective action in response to COVID-19, the Microfinance Coalition formed to raise the voice of microfinance organizations and the people they serve, and to collaborate on the most pressing needs for the sector. This blog series presents the coalition's call to action for investors, donors, and policymakers to support and protect microfinance customers, now and into the future.
Policymakers should work closely with MFIs to find the right balance between helping clients in times of stress and preserving the long-term financial viability of the sector.
In light of the impact of the COVID-19 crisis, the foundational support of donors is once again crucial to preserving and fostering responsible financial inclusion.