Ensuring loan recovery ... | ||
One programme hires collectors with cars to travel on a weekly basis to pick up payments. They pay them 1% of the total collections. In another case, the excellent lending and repayment record of one programme stems from the fact that all the group's officers and leaders are also group members. They are very aware of the credit needs and problems of their members. And they are highly motivated to push for repayment, as needed. |
MICROFINANCE IDEACARD |
|
If you have information that can go into an IdeaCard, please send it to Hari Srinivas - hsrinivas@gdrc.org
Hari Srinivas - hsrinivas@gdrc.org Return to the IdeaCard Index Return to the Virtual Library on Microcredit |