We are happy to share with you the results of the eight wave of survey carried out in partnership with Fondation Grameen Credit Agricole and ADA to monitor and analyze the effects of the COVID-19 crisis on our partner MFIs worldwide.
The responses were collected in September 2021 from 70 MFIs located in 39 countries in Europe, Africa, Asia and Latin America.
The results show a significant recovery in operations for the MFIs participants. 70% of them indicated that they no longer faced COVID-19-related constraints in their operations. However, for half of our respondents, their growth continues to be affected because their disbursement targets have not yet been reached and their portfolio at risk is still higher than before the crisis.
The MFIs continue to look for ways to adapt to the effects of the COVID crisis, digitization on different topics remains a priority issue for their recovery, on which many of them have already made progress for its implementation.
To continue advancing in this and other strategies, more support, mainly represent in technical assistance and financing, is demanded from the sector for.
Interesting note: Two of this series of Covid articles are part of the top 10 publications of FinDev.
Version française : Le digital au coeur des orientations stratégiques des IMF