Françoise Clementi

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Tooltip Tags: microfinance

overindebtedness

Poor entrepreneurs taking on debts beyond their repayment capacity, sometimes for multiple microfinance institutions.

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outreach

Technical term of microfinance that means how successful are the programs implemented by microfinance institutions to reach the target groups: ethnic minorities, women or immigrants.

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No Pago movement

A rural movement emerged in Nicaragua to promote the refusal of abusive microcredit installments.

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mision drift (microfinance)

Process whereby MFIs depart from their social mision and increasingly focus on their financial perdormance. This focus on financial performance may harm the dual return

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microsaving

Branch of microfinance, consisting of a small deposit account offered to lower income families or individuals as an incentive to store funds for future use.

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microfinance institution [MFI]

A financial institution specializing in banking services for low-income groups or individuals. A microfinance institution provides account services to small-balance accounts that would not normally

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micromortgage

The micromortgage is a small mortgage loan offered by microfinance institutions to micro-entrepreneurs clients who got a stable income and want to buy a house.

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