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Sunday, October 21, 2007

Latest Issue of Microfinance Insights Focuses on Innovations in Financial Services Delivery and MicroInsurance

Mumbai: Intellecap recently released the fourth issue of Microfinance Insights, its quarterly thematic magazine. The focus of the fourth volume is on innovations in the area of delivery of financial services.

Making financial services more accessible and their delivery more efficient, while diversifying the traditional areas of financial support, has been on the mind of the industry for some time now. Drawing from the experiences of various microfinance institutions, research bodies, and sector experts, the Issue looks at how best industry knowledge and practice can be leveraged to add value and diversify delivery mechanisms for those at the bottom of the pyramid (BOP).

The cover story tracks evolution in businesses and presents an interesting ‘wave theory’ of innovation in microfinance. Articles recognizing the power of social networks cite examples from ITC, a corporate firm which innovates and downscales to tap the potential of BOP market, an MFI Spandana and an NGO Swayam Shikshan Prayog that have succeeded in mobilizing the rural poor to establish successful business partnerships with multinational firms. A feature on an innovative lending model that supports grassroots businesses covers an initiative that makes farm mechanization affordable through combining the delivery of low-cost implements. Another feature explores community-based interventions in microinsurance delivery. The issue also covers two fast emerging areas in microfinance technology innovations, namely that of peer-to-peer online lending platforms and alternative/micro exchanges. Additional features in the fourth issue of Microfinance Insights include a book review, news, resources and a compilation of microfinance market indicators.

Every quarter, Microfinance Insights attempts to effectively gauge the trends in the industry. Previous volumes have touched upon the issue of Governance in microfinance institutions (Vol.1), urban microfinance (Vol.2), and the role of capital markets in microfinance (Vol.3). The next issue due in December 2007 will focus on microinsurance and will have David Dror (Hon. Professor of health insurance, Erasmus University Rotterdam) as its Guest Editor. Published from India, the focus of the magazine is emphatically global and this is reflected through an increasing number of articles focusing on global activities.

For further details please visit www.microfinanceinsights.com.

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