Resource
MicroSave (English, français, español)
Resumen
DescriptionMicroSave and Market-led MicrofinanceReaching the huge untapped market for microfinance entails building the capacity of financial institutions to innovate to meet the diverse and changing needs of a broad range of poor clients - in short, a market-led approach. MicroSave is at the forefront of efforts to move microfinance from a product-driven to a market-led basis. Market-led microfinance incorporates:• Product development;• Product delivery systems;• Customer service strategies; and• Corporate brand and identity.Benefits accrue to the financial institution by enhancing customer loyalty, reducing drop-outs, and increasing profitability. For the clients, more appropriate, customer-responsive financial services allow them to better manage their household finances to improve their lives.