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Products and Services
Why donors need to understand product development (pdf 222kb)
Poor people need access to a wide range of financial services for various reasons, such as:
- business opportunities
- home and family wellbeing
- seasonal expenses
- life-cycle events
- emergencies and disasters
Most microfinance institutions (MFIs) today offer the poor a limited range of financial services based on microcredit. This brief summarises the issues around the development of financial service products for the poor.
The brief is written for donors but will also help the broader development community better target and support client-responsive financial institutions, and disseminate information on new and innovative financial services for the poor.
- Resource link:
http://www.cgap.org/docs/ DonorBrief_08.pdf - Published: 2002
- Source: Consultative Group to Assist the Poor (http://www.cgap.org)
- Added to ADG on: 07 December 2005 , contributed by: ADG team
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