The rating agency expects net interest margins for micro finance companies to decline to 80 to 100 basis points. Operating expenses are also likely to increase due to investments to be made on information technology and collections infrastructure by most players.
- South Asia
Today business accelerator Wayra, backed by O2’s parent company Telefonica, is launching a business accelerator to tackle the poverty premium.
Called Fair By Design, Wayra will offer around £70,000 in cash and services in seven small digital businesses aiming to improve access to affordable services.
- Europe & Eurasia