http://cfi-blog.org/2012/03/19/keeping-it-organic-lessons-for-financial-inclusion-from-the-microcredit-boom/ Fri, 04 Oct 2013 15:39:41 +0000 hourly 1 http://wordpress.com/ http://cfi-blog.org/2012/03/19/keeping-it-organic-lessons-for-financial-inclusion-from-the-microcredit-boom/#comment-3079 Tue, 20 Mar 2012 17:11:41 +0000 http://centerforfinancialinclusionblog.wordpress.com/?p=5429#comment-3079 He has crystallized a couple of important thoughts in this short piece. He is correct to urge readers to not underrate what microfinance has achieved. Whether by intention or by accident, the unforseen “forces” have created what can be a sustainable model. While what other forces may emerge is not yet known, it is clear that technology does have am important, if as yet not completely clear, role to play in bringing costs down. For such key products as savings, more innovation and creative thinking are needed. Programs like the VSLA work Care is doing in Africa with the idea of using mobile phone wallets to collect savings may hold great promise. Let’s keep the focus on experimentation until those new forces are apparent.

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