Library
Filling the Deposit Gap in Microfinance
Topic : Microfinance
Dale Adams notes that AID’s experience with small farmer credit programs, the World Bank’s funding of development banks, and the Inter-American Bank’s efforts to channel funds into financial cooperatives through a regional organization all discouraged deposit mobilization efforts. He wonders if all of the donor and government money given to the microlending industry hasn’t had the same result. He makes a number of recommendations to donors and governments about how they can avoid this and promote more innovation and outreach in deposit taking.