Progress in microfinance should inspire digital finance

Fintech, digital credit, pay-as-you-go … Nowdays, these new services are essential and hold great promise in transforming the sector of microfinance!

By adopting digital finance new technologies, MFIs are getting closer to their customers and can reach more people. These innovations also help to better meet the needs of customers while reducing the cost toaccess financial services.

Despite positive progress already noticed, “digital finance must organize its practices to bring real added value to its clients. A responsible approach will also allow it to secure its economic model and its reputation.”

To learn more, read the article published on the ID4D platform (Ideas for Development), the blog hosted by the French Development Agency.