Motivate The Management Team Over Time

evidence to prove their influence. When we approached MFIs (active since around 2002) asking to collaborate on a research evaluation, the common reaction was "Why don't fruit sellers get evaluated and we have to? do?" Their thinking is that microcredit must be beneficial for customers to keep coming back. And because these organizations have sustainable financial resources, independent of the kindness of donors, it is unnecessary to assess exactly how useful they are.

This argument sounds disingenuous. Most MFIs operate thanks to the generosity of their sponsors and the hard work of their employees, mainly because everyone believes that microcredit helps the poor more effectively than traditional methods. other. Sometimes these organizations also receive policy support. In India, microfinance is classified as a "priority sector", whereby the government encourages banks with many financial benefits to lend to microfinance institutions at preferential interest rates. This can be seen as a huge hidden subsidy from the government.

In addition, people are not necessarily completely conscious when deciding on long-term matters such as taking out loans - across American newspapers there is no shortage of stories about how this or that person puts themselves in difficult situations. Excessive credit card spending. Many managers believe that perhaps there should be some mechanism to protect people from debt lenders. The Andhra Pradesh state government had to step in to solve the problem because people did not foresee the consequences of taking out loans they could not repay.

Dettagli