The Importance of educating Microfinance Customers on Data Protection
As microfinance institutions (MFIs) gear up to align with the Digital Personal Data Protection Act, the emphasis on customer education has never been more pressing. The Act isn't just a regulatory...
Role of Microfinance in managing climate change risks for the poor
In the face of climate change, microfinance emerges as a powerful tool to mitigate its impacts on the livelihoods of the poor. By providing financial services to those traditionally excluded from form...
Implications of the Digital Personal Data Protection Act for the MFIs
The enactment of India's Digital Personal Data Protection Act has significant implications for microfinance institutions (MFIs) that handle a plethora of client data. Compliance is not just a lega...
Anatomy of Microfinance Frauds and Auditors’ bias - Frauds and the standard MO
Frauds are an area of concern for the MFIs and also for the microfinance industry. Depending on the scale of the fraud, it impacts various stakeholders. Most frauds are perpetrated either by an indivi...