Muktinath Bikas Bank offers eight different savings products, specially designed for rural and low-income people in Nepal. The 2020 European Microfinance Award winner shares their experience with savings from before and during the pandemic.

In 2020, savings groups in refugee contexts have had the lowest late repayment rate compared to any of the other clients served by VisionFund Uganda.

The senior director and deputy chief ratings officer at Crisil said the sector's collection efficiency has stalled at 90 to 94 percent over the past few months, compared with the pre-pandemic level of 98 to 99 percent.

The scheme is designed to support businesses including micro, small and medium enterprises, and large firms to enhance their access to formal loans.

COVID-19 has dramatically increased reliance on real-time and digital payments, leading to a 41 percent surge in real-time payment transactions from 2019 to 2020.

A roundup of the most relevant coronavirus-related news, resources and events from the past two weeks

This latest move by Mastercard will help 90 plus MFIs and 300,000 small businesses across Europe and Central Asia sail through the COVID-led financial turmoil.

This report delves deep into the innovative strategies fintechs used to overcome the pandemic, measures taken by the government and regulators to enable ecosystem players, and the support fintechs received from investors and accelerators.

This report provides insights on the adoption of digital agriculture and how it can be accelerated in light of the challenges posed by the COVID-19 pandemic.

This snapshot is part of a series published by CGAP and Symbiotics, offering regular updates on how COVID-19 is affecting the microfinance sector’s portfolio quality, financial health, and ability to serve excluded clients.