Lessons from a microfinance recapitalisation programme
Bibliographic Data
| ID | 3898185 |
|---|---|
| Authors | Angus Poston (corresponding author) |
| Year | 2010 |
| Volume | 34 |
| Issue | 2 |
| Pages | 328-336 |
| Publication date | 2010-04-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Disasters (JOURNAL) |
| Journal identifiers | ISSN: 0361-3666 • E-ISSN: 1467-7717 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1467-7717.2009.01131.x |
| PMID | 19863569 |
| OpenAlex | W1989413373 |
| Language | EN |
| Citations received | 2 |
Following a major disaster, microfinance institutions (MFIs) often face high levels of bad debt, which may require the institutions to be recapitalised. This paper describes a recapitalisation programme implemented by the SANASA movement of Sri Lanka in 390 microfinance societies following the December 2004 tsunami, and highlights lessons for other similar programmes. MFI recapitalisation is a good use of funds in post-disaster situations. To create successful programmes, donors should expect to relax some of their usual project requirements and MFIs should focus on maintaining credit discipline
Business · Debt · Economic growth · Economics · Microfinance · Recapitalization · Resilience (materials science · Socioeconomics · Sri lanka · Microfinance and Financial Inclusion · Finance
| Citations per year | 0.15 |
|---|---|
| Citation span | 2013 - 2015 (3) |
| Highly cited | No |