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The regulation and supervision of microfinance institutions: Case studies

Churchill, C.

Publication Date: 1997
Published by: The MicroFinance Network (MFN)
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Reviews country case studies highlighting different approaches to regulating microfinance institutions

Volume one provides summaries of the principal findings of this project. This second volume offers a detailed analysis of the field experience

In Bolivia, Kenya and Colombia, the experiences of regulating MFIs within the existing regulatory framework, either as a commercial bank or as a finance company, are illustrated. Mismatches between the standard regulatory framework and the provision of microfinance services are highlighted

In the cases of Peru, West Africa and Bolivia, insight is provided into initial attempts to create special categories of laws designed specifically for microfinance institutions

Examples from South Africa and the Philippines demonstrate a learning process for MFIs and policy makers in order to create standards for the local microfinance industry

Conclusions are drawn on regulatory and supervisory approaches given the unique characteristics of MFI institutions.

(adapted from author)

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