Microfinance: What Role for Commercial Banks?
Wednesday, September 6, 2006
In a new report, “Microfinance: What Role for Commercial Banks?”, Celent analyzes the microfinance industry and provides detailed information on microfinance stakeholders.
Better know-how, technology, greater access to funds, and enhanced capacity make commercial banks the most qualified to meet the untapped demand of microentrepreneurs.
Profitability, diversification of products and services, and outreach can be done more quickly using new information and communication technologies. The computerization of MFIs associated with an Internet connection, the implementation of MIS, and accounting software could make great headway in increasing transparency.
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