Mobilizing Small, Medium and Large Savings - Motiviations and Financial Risks
Campion, A.
Journal: Small Enterprise Development, 12(3): 11-19
Publication Date: Sep 2001
Published by: Tamil Nadu Corporation for Development of Women Ltd
Document Type: Paper
Savings products: A chance for microfinance institutions to increase returns?
This paper describes the different type of saving account that may be offered, and how each account may benefit the MFIs and their clients. It suggests:- how NGOs, converted banks and credit unions approach savings
- why MFIs and their clients are becoming more interested in savings products
- which risks must be managed by MFIs offering savings products
The paper concludes that if the different obstacles are managed well, savings mobilisation can provide MFIs with:- a more stable and cost-effective source of funding
- a chance to improve MFIs' reputation among their clientele
- potential increases in their returns
This document is available in hard copy only. Please contact www.itdgpublishing.org.uk for a copy.
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