The advent of the current global financial crisis has seen a predictable reordering of perceived risks in the microfinance industry, according to a new survey of microfinance providers, investors, and regulators. The Banana Skins report, published by the Center for the Study of Financial Innovation, and sponsored by CGAP and Citi Foundation with support from the Council of Microfinance Equity Funds, lays out risks including a surge in nonperforming loans, shortages of liquidity and funding, and concerns about macroeconomic trends. More…

Source: CGAP