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Growth in microfinance slows

By donschlosser ⋅ December 23, 2008 ⋅ Post a comment

No big surprise…the global financial crisis is going to slow the ability of MFIs and funders to grow in the year(s) ahead…according to at least one blogger, Stan Janz

“The fourth-quarter credit crunch has forced Opportunity International to cut its 2009 forecast of 30 percent growth in half. World Vision’s microfinance arm, Vision Fund, slashed its projected increase from 47 to 15 percent, meaning 200,000 entreprenuers will lose the opportunity to grow their businesses”

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One comment for “Growth in microfinance slows”

  1. Brad Stave at WorldVision International has pointed out that the quote originally comes from an article in Christianity Today, which can be found at

    http://www.christianitytoday.com/ct/2009/january/5.15.html

    Thanks Brad

    Posted by donschlosser | December 23, 2008, 11:04 am

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