The question that people have right now is: Which lenders were denied access to the CRBs by the Central Bank?

Both Sa-dhan, India's largest microfinance industry body with 212 members, and Microfinance Institutions Network (MFIN), the industry grouping for NBFC-MFIs, have separately urged the prime minister to take action.

As first order impact, collection cycle may be hit, while lack of moratorium-relief from banks may squeeze out liquidity

A roundup of the most relevant coronavirus-related news, resources and events from the past week, carefully curated by FinDev editors for the microfinance and financial inclusion community.

Decentralized peer-to-peer crypto trading platform CryptoLocally and blockchain-powered on-demand digital finance and payment platform, Sesacash, will be working together to address the many challenges confronting African nations in the financial sector.

While some governments have begun to integrate cooperatives, their members, workers and the wider SSE in their emergency response strategies, there is still room for growth.

In March 2020, the Central Bank of Nigeria released Guidelines for the Implementation of the NGN 50 Billion Targeted Credit Facility aimed at providing succor to households and MSMEs that have been adversely affected by COVID-19.

Landbank’s lending program dubbed I-RESCUE provides credit and loan restructuring, the state-run lender said in a statement on Wednesday.