Microfinance is currently
expanding in most developing countries and becoming a vital link in the
financial market and an economic sector in its own right. Yet, microfinance
institutions are still often fragile; and governments are increasingly aware
of the need to support this sector, but also of the need to regulate, secure,
and control it. This concern leads to the definition of national microfinance
policies that may be implemented in the framework of specific sectoral support
programs or as components of poverty alleviation programs.
GRET is active
in defining and implementing these sectoral policies; indeed, we are aware that,
to ensure the future of the MFIs we support, intervention on the level of
policies and regulations is indispensable to lift constraints on institution
building. |
Microfinance Cluster
