carrisa page, learning from real world experiences: lessons learned in using microfinance in post...
TRANSCRIPT
Post Conflict Microfinance
Carissa Page, USAID Microenteprise Development Office Microcredit Summit Campaign
June 15, 2011
1. Only a few “essential” conditions
(security, economic activity, population stability)
Post Conflict Microfinance: Lessons Learned
commercial banks macroeconomic stability social capital
Preferred Conditions
2. Adapt practices, but stick to the key principles
(microfinance is not philanthropy, repayment matters)
Post Conflict Microfinance: Lessons Learned
3. Establish institutions as permanent entities
Post Conflict Microfinance: Lessons Learned
4. Keep it simple, Stupid (KISS) – at least in the beginning
Post Conflict Microfinance: Lessons Learned
5. Microcredit alone is not enough
Post Conflict Microfinance: Lessons Learned
6. Community-based approaches can achieve multiple objectives
Post Conflict Microfinance: Lessons Learned
MICROFINANCE
jobs women’s
empowerment
social capital counter
insurgency
7. Coordinate with, but differentiate from, relief activities
Post Conflict Microfinance: Lessons Learned
Groans
Grants +
Loans
=
8. Early mf interventions can prevent relief from filling a void
Post Conflict Microfinance: Lessons Learned
9. Coordination with other donors is critical
Post Conflict Microfinance: Lessons Learned
10. Focus on capacity & outreach, not just on output numbers
Post Conflict Microfinance: Lessons Learned
11. Redundancy, redundancy, redundancy!
Post Conflict Microfinance: Lessons Learned
