MicroSave employs a client-focused approach in its work, supporting microfinance institutions (MFIs) with toolkits, research, and training that address the specific needs of borrowers in Asia and Africa.
MicroSave envisions a world in which all people have access to high-quality, affordable financial services. To this end, MicroSave works to build the infrastructure of the microfinance industry by offering comprehensive, strategic advice and training to MFIs and organizations that support their work. Since its launch in Uganda in 1998, the organization has steadily expanded to new countries in Africa, launched in India, and further grown to work with microfinance stakeholders throughout Southeast Asia.
MicroSave’s market-based model has achieved success by focusing first and foremost on client needs. Its approach includes research on the financial needs and preferences of the poor, field research on MFIs, toolkit development, technical assistance and training, and information sharing with microfinance practitioners. Omidyar Network’s funding is targeted toward MicroSave’s continued expansion in India, where MicroSave is working with a variety of partners to develop and test products, conduct research, and build a community of informed consultants in the microfinance industry.