Paper
Microfinance and HIV/Aids: It's Time to Talk
How can you mitigate social and economic impacts of HIV?
20 pages
This paper states that the impact of HIV/AIDS is an emerging issue for microfinance institutions (MFIs), their clients and for the econmic welfare of both. It sees that innovations are vital and suggests:
- Developing new products and services - MFIs should examine what clients are doing to cope economically and help them improve on their strategies;
- Watching the bottom line - finding cost-effective methods to innovate while protecting operational integrity;
- Fostering strategic alliances with HIV/AIDS organizations - mitigating the social impact of HIV/AIDS may help MFI clients to remain good clients.
States that social impact is an HIV/AIDS organisation's mandate- not an MFI's and practitioners from the two industries must start talking to each other.
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