Microfinance

Making finance work for the poor

Trends of Microinsurance in India

Microfinance in India has largely been driven by credit products of microfinance institutions (MFIs), and microinsurance has remained a secondary choice for financial inclusion. However, recently, many important developments have taken place in the Indian microinsurance sector. Though India has experimented a lot with microinsurance, the sector is still driven by supply-led interventions.

Moreover, the insurance providers, still, seek government subsidies and donor funding in order to achieve financial viability in preference to designing market-led, sustainable schemes. A strategic perspective towards microinsurance together with innovations in technology and assessment of client demand, probably holds the key to the future of microinsurance in India.

Read more: http://www.microsave.org/briefing_notes/india-focus-note-49-trends-of-mi...

Message from Heather Murphy

Name : Heather Murphy

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E-Mail : heather@weicreatechange.org

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BDT Case Study-Put All Eggs In One Basket!!!!!!!!!!!!!!!!

Dear Friends,
I am sending you all a case study of visible change that we have experienced over last five month of microfinance experience.
We are raising funds from funding agencies. Currently every one is testing waters with us and giving us in small tranches. But we feel that individuals need to continuously support us financially.We need individuals like you to support us financially even in small amount like Rs 5000/10000/20000.
The amount will be returned after 12 months. Its totally based on trust. I got support from 40 people who believed in us and helped us to stand up. We are slowly slowly gathering pace.