The Importance of Digital Microfinance for Emerging Markets in a COVID-19 World
28. June 2020
Most microfinance clients work in the informal sector and have little savings to fall back on in times of need – to meet daily food demands or to find ways to support themselves and their families. In this current environment of financial and health stress, digitally-enabled microfinance organisations like FINCA Impact Finance have a vital role to play. But while technology can help facilitate convenience and physical distancing, this alone isn’t the full solution.
Global Banking and Finance Review | The Importance of Digital Microfinance for Emerging Markets in a COVID-19 World