Economics, Econometrics and Finance
8 years ago

Poor quality microfinance services in Sri Lanka threaten financial sustainability for the poor.

SSRN Electronic Journal
Commercial Microfinance: A Strategy to Reach the Poor?
Dinuja Perera

Paper Summary

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The microfinance sector in Sri Lanka is facing challenges in providing quality services to the poor. This includes limited reach, low repayment rates, and financial products that don't meet clients' needs. These issues threaten the sustainability of financial services for poorer households and small businesses.