How can MFIs survive the pandemic storm?
What will the recovery look like?
The past 18 months have been a trying time for both microfinance clients and the financial institutions that serve them. Many poor households – and women in particular – have suffered large declines in income as a result of lockdowns, decreases in economic activity and trade, and the collapse of entire economic sectors, like tourism. The result has created the largest and deepest crisis in the nearly 50-year history of microfinance. Looking at the present situation and drawing on examples of crises over the past decade, the speakers will look at how microfinance clients and institutions have been coping with the pandemic and what the post-pandemic recovery might look like.