inclusive microeconomics

Financial services, value chains, inclusive business

Incorporating EDA Rural Systems



Geographical scope


Workshop on “Multiple Borrowing and Indebtedness In Myanmar”

Sanjay Sinha, MD, M-CRIL and renowned expert of the MFI sector in Asia was invited to present the key note address at a workshop on” Multiple Borrowing and Indebtedness In Myanmar” organized by Cordaid Netherlands, Myanmar Microfinance Association (MMFA), ADA Luxembourg and UNCDF In Yangon, Myanmar on 08 October 2018.

He presented the findings from a survey and analysis carried out by M-CRIL of multiple borrowing amongst MFI clients in 5 regions of Myanmar. Amongst other findings, the presentation highlighted concerns about the role of the number of loans per client rather than the absolute loan outstanding per client, from both MFIs and client perspectives vis-vis repayment difficulties. Recommendations arising out of the study were also presented to microfinance stakeholders for their consideration. For more interesting insights on this topic , please click here

Asian Development Bank signs investment agreement with M-CRIL

The Asian Development Bank (ADB) signed a $1.5 million equity investment agreement with Micro-Credit Ratings International Limited (M-CRIL). The investment is a part of ADB’s programme to Strengthen Microfinance Ecosystem in Asia. The agreement was signed by Christine Engstrom, ADB’s Director for Private Sector Operations – Financial Institutions, and Sanjay Sinha, Managing Director of M-CRIL.

ADB News Release, New Delhi, India – 14 February 2017.

M-CRIL’s role in Global Microscope 2016: The Enabling Environment for Financial Inclusion

M-CRIL has undertaken some of the country reviews for this publication over the past three years.  During 2016 the M-CRIL team undertook the country reviews for a number of countries in Asia and Africa. Apart from the country reviews our MD, Mr Sanjay Sinha contributed additional perspectives on the use of inclusive finance accounts and on P2P lending to the Key Findings section.

The complete index, as well as detailed country analysis, can be viewed on www.eiu.com/microscope2016


M-CRIL Microfinance Review 2014: Risk, regulation & reward

A financial & social analysis, this review is Volume 9 of a series that provides an empirical and analytical chronicle of thehistory of MFIs in India.

See Report

Making the Case for Outcomes Management to Financial Service Providers

What is outcomes management? How do financial service providers use outcomes data?

Author: Frances Sinha, Editor: Amelia Greenberg

See Report

Notes from the Field 3: Fintech and the demand side challenge in financial inclusion

“Rural women are much smarter than you” thundered a leading official of the Niti Aayog when a member of a public audience had the temerity to challenge him about the adverse effects of demonetisation …


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