Tafumba Susan, an informal trader at her stall recently. Prolonged lockdowns will impact on such informal businesses and their ability to repay microfinance loans
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By Nathan Were Microfinance Institutions (MFIs) service about 140 million low-income people worldwide, with savings and credit services, according to the MIX market – a data repository for MFIs. The MIX also reports that as of 2018, the value of their credit portfolios was USD124 billion with 80% of the MFI customers being women; 65% operating in rural areas and 35% urban and largely in

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