Mali Financial Sector Assessment Program : The Microfinance Sector

While the microfinance sector is extensively used in Mali (about 1 million members often based in rural areas), the sector has experienced a major crisis for over six years. The clean-up of the microfinance remains the most pressing priority for th...

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Main Author:	World Bank
Format:	Report
Language:	English en_US
Published:	Washington, DC 2016
Subjects:	CREDIT MARKETS WITHDRAWAL SAVINGS SERVICES DEPOSIT FINANCIAL SERVICES LIABILITY NPL EQUIPMENT ECONOMIC GROWTH ACCOUNTING WAREHOUSE DEPOSITS EQUITY FINANCE PEOPLE AGRICULTURAL DEVELOPMENT BANK LIQUIDATION RURAL BORROWERS TRAINING CENTRE MERCHANTS FINANCING VILLAGE MICRO-ENTERPRISES INFORMATION SYSTEM MICROFINANCE SECTOR INTEREST SAVINGS ACCOUNTS INTEREST RATE EXCHANGE LIQUIDITY ENTREPRENEURS BANK ACCOUNT REVENUES PORTFOLIO RURAL CREDIT OUTSTANDING CREDIT CAPACITY BUILDING LOAN BORROWERS SUBSIDY CREDIT PORTFOLIO SAVING RESERVE BANKRUPTCY BENEFICIARIES INFORMATION SYSTEMS INFLATION MFIS OUTSTANDING DEPOSITS MICROFINANCE INSTITUTIONS CREDIBILITY GOVERNANCE STANDARDS BUDGET CENTRAL BANK SMALL FARMERS ACCESS TO FINANCIAL SERVICES CROP INSURANCE LOAN PAYMENT SAVINGS TECHNICAL ASSISTANCE EQUIPMENT PURCHASES BENEFICIARY FINANCIAL INSTITUTION UNION LIQUIDATIONS FINANCES GUARANTEE FUND TRADING DEPOSIT ACCOUNTS PAYMENT FINANCIAL INSTITUTIONS MARKETS RETURN FINANCIAL VIABILITY INTERNATIONAL DEVELOPMENT MICRO-ENTREPRENEURS LOANS ENTERPRISES FARMERS RESERVES MONEYLENDERS INVENTORY FINANCIAL HEALTH LEGAL FRAMEWORK FINANCE DONOR SUPPORT INTERNATIONAL FINANCIAL INSTITUTIONS BANKING SECTOR BANKS DEPOSITORS EQUITY RURAL FINANCE INVENTORY CREDIT CAPITAL BRANCH BANKING INSURANCE PRODUCTS FUTURE BANK CREDIT MICROFINANCE LOANS CAPITALIZATION ACCESS TO SAVINGS RISK EXPOSURE EXTERNAL FUNDS ISSUANCE FINANCIAL ACCESS FINANCIAL ANALYSIS MARKET NON-PERFORMING LOAN SOLVENCY POSTAL SAVINGS PROFITABILITY CREDIT RISK INSURANCE LOAN INSURANCE MICROFINANCE FINANCIAL SECTOR ASSESSMENT SECURITY PROMOTION OF INVESTMENT ACCOUNTING STANDARDS INVESTMENT COMMERCIAL BANKS SAVINGS DEPOSITS HOUSEHOLDS INFORMAL CREDIT LIMITED LIABILITIES COST ESTIMATE COOPERATION LOSS OF CONFIDENCE RURAL FINANCING COOPERATIVES PROFIT FINANCIAL SUPPORT LENDING TECHNICAL SUPPORT DEBIT CARD LIQUIDITY RATIO ACCESS POINTS EXCHANGE RATE WOMEN OUTSTANDING LOANS LIMITED LIABILITY LIABILITIES LIQUID ASSETS COOPERATIVE GUARANTEE DEVELOPMENT BANK CROP LOAN ACCOUNT HOLDERS DEPOSITOR CREDIT ASSOCIATIONS MICROFINANCE INSTITUTION MICROENTERPRISES MFI
Online Access:	http://documents.worldbank.org/curated/en/2016/05/26361596/mali-microfinance-sector-technical-note http://hdl.handle.net/10986/24270

id	okr-10986-24270
recordtype	oai_dc
spelling	okr-10986-242702021-04-23T14:04:21Z Mali Financial Sector Assessment Program : The Microfinance Sector World Bank CREDIT MARKETS WITHDRAWAL SAVINGS SERVICES DEPOSIT FINANCIAL SERVICES LIABILITY NPL EQUIPMENT ECONOMIC GROWTH ACCOUNTING WAREHOUSE DEPOSITS EQUITY FINANCE PEOPLE AGRICULTURAL DEVELOPMENT BANK LIQUIDATION RURAL BORROWERS TRAINING CENTRE MERCHANTS FINANCING VILLAGE MICRO-ENTERPRISES INFORMATION SYSTEM MICROFINANCE SECTOR INTEREST SAVINGS ACCOUNTS INTEREST RATE EXCHANGE LIQUIDITY ENTREPRENEURS BANK ACCOUNT REVENUES PORTFOLIO RURAL CREDIT OUTSTANDING CREDIT CAPACITY BUILDING LOAN BORROWERS SUBSIDY CREDIT PORTFOLIO SAVING RESERVE BANKRUPTCY BENEFICIARIES INFORMATION SYSTEMS INFLATION MFIS OUTSTANDING DEPOSITS MICROFINANCE INSTITUTIONS CREDIBILITY GOVERNANCE STANDARDS BUDGET CENTRAL BANK SMALL FARMERS ACCESS TO FINANCIAL SERVICES CROP INSURANCE LOAN PAYMENT SAVINGS TECHNICAL ASSISTANCE EQUIPMENT PURCHASES BENEFICIARY FINANCIAL INSTITUTION UNION LIQUIDATIONS FINANCES GUARANTEE FUND TRADING DEPOSIT ACCOUNTS PAYMENT FINANCIAL INSTITUTIONS MARKETS RETURN FINANCIAL VIABILITY INTERNATIONAL DEVELOPMENT MICRO-ENTREPRENEURS LOANS ENTERPRISES FARMERS RESERVES MONEYLENDERS INVENTORY FINANCIAL HEALTH LEGAL FRAMEWORK FINANCE DONOR SUPPORT INTERNATIONAL FINANCIAL INSTITUTIONS BANKING SECTOR BANKS DEPOSITORS EQUITY RURAL FINANCE INVENTORY CREDIT CAPITAL BRANCH BANKING INSURANCE PRODUCTS FUTURE BANK CREDIT MICROFINANCE LOANS CAPITALIZATION ACCESS TO SAVINGS RISK EXPOSURE EXTERNAL FUNDS ISSUANCE FINANCIAL ACCESS FINANCIAL ANALYSIS MARKET NON-PERFORMING LOAN SOLVENCY POSTAL SAVINGS PROFITABILITY CREDIT RISK INSURANCE LOAN INSURANCE MICROFINANCE FINANCIAL SECTOR ASSESSMENT SECURITY PROMOTION OF INVESTMENT ACCOUNTING STANDARDS INVESTMENT COMMERCIAL BANKS SAVINGS DEPOSITS HOUSEHOLDS INFORMAL CREDIT LIMITED LIABILITIES COST ESTIMATE COOPERATION LOSS OF CONFIDENCE RURAL FINANCING COOPERATIVES PROFIT FINANCIAL SUPPORT LENDING TECHNICAL SUPPORT DEBIT CARD LIQUIDITY RATIO ACCESS POINTS EXCHANGE RATE WOMEN OUTSTANDING LOANS LIMITED LIABILITY LIABILITIES LIQUID ASSETS COOPERATIVE GUARANTEE DEVELOPMENT BANK CROP LOAN ACCOUNT HOLDERS DEPOSITOR CREDIT ASSOCIATIONS MICROFINANCE INSTITUTION MICROENTERPRISES MFI While the microfinance sector is extensively used in Mali (about 1 million members often based in rural areas), the sector has experienced a major crisis for over six years. The clean-up of the microfinance remains the most pressing priority for the Malian authorities and the adoption of the emergency plan for the microfinance sector is a key milestone to cleaning up the sector. While the plan addresses the main issues (restructuring or liquidation not viable MFIs; depositors indemnization mechanism; consolidation of active MFIs; reform and strengthening of the national supervisory body), but the implementation remains very challenging in a context of fiscal tightening and donor’s reluctance to intervene. It is only the Government of Mali that can restore confidence in the sector, and only by undertaking the recommendations highlighted in the emergency plan. One of the most sensitive issues will be to manage the liquidation of a few important distressed institutions together with the indemnization of their depositors. 2016-05-10T21:03:11Z 2016-05-10T21:03:11Z 2015-12 Report http://documents.worldbank.org/curated/en/2016/05/26361596/mali-microfinance-sector-technical-note http://hdl.handle.net/10986/24270 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Financial Sector Assessment Program Africa Mali
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	CREDIT MARKETS WITHDRAWAL SAVINGS SERVICES DEPOSIT FINANCIAL SERVICES LIABILITY NPL EQUIPMENT ECONOMIC GROWTH ACCOUNTING WAREHOUSE DEPOSITS EQUITY FINANCE PEOPLE AGRICULTURAL DEVELOPMENT BANK LIQUIDATION RURAL BORROWERS TRAINING CENTRE MERCHANTS FINANCING VILLAGE MICRO-ENTERPRISES INFORMATION SYSTEM MICROFINANCE SECTOR INTEREST SAVINGS ACCOUNTS INTEREST RATE EXCHANGE LIQUIDITY ENTREPRENEURS BANK ACCOUNT REVENUES PORTFOLIO RURAL CREDIT OUTSTANDING CREDIT CAPACITY BUILDING LOAN BORROWERS SUBSIDY CREDIT PORTFOLIO SAVING RESERVE BANKRUPTCY BENEFICIARIES INFORMATION SYSTEMS INFLATION MFIS OUTSTANDING DEPOSITS MICROFINANCE INSTITUTIONS CREDIBILITY GOVERNANCE STANDARDS BUDGET CENTRAL BANK SMALL FARMERS ACCESS TO FINANCIAL SERVICES CROP INSURANCE LOAN PAYMENT SAVINGS TECHNICAL ASSISTANCE EQUIPMENT PURCHASES BENEFICIARY FINANCIAL INSTITUTION UNION LIQUIDATIONS FINANCES GUARANTEE FUND TRADING DEPOSIT ACCOUNTS PAYMENT FINANCIAL INSTITUTIONS MARKETS RETURN FINANCIAL VIABILITY INTERNATIONAL DEVELOPMENT MICRO-ENTREPRENEURS LOANS ENTERPRISES FARMERS RESERVES MONEYLENDERS INVENTORY FINANCIAL HEALTH LEGAL FRAMEWORK FINANCE DONOR SUPPORT INTERNATIONAL FINANCIAL INSTITUTIONS BANKING SECTOR BANKS DEPOSITORS EQUITY RURAL FINANCE INVENTORY CREDIT CAPITAL BRANCH BANKING INSURANCE PRODUCTS FUTURE BANK CREDIT MICROFINANCE LOANS CAPITALIZATION ACCESS TO SAVINGS RISK EXPOSURE EXTERNAL FUNDS ISSUANCE FINANCIAL ACCESS FINANCIAL ANALYSIS MARKET NON-PERFORMING LOAN SOLVENCY POSTAL SAVINGS PROFITABILITY CREDIT RISK INSURANCE LOAN INSURANCE MICROFINANCE FINANCIAL SECTOR ASSESSMENT SECURITY PROMOTION OF INVESTMENT ACCOUNTING STANDARDS INVESTMENT COMMERCIAL BANKS SAVINGS DEPOSITS HOUSEHOLDS INFORMAL CREDIT LIMITED LIABILITIES COST ESTIMATE COOPERATION LOSS OF CONFIDENCE RURAL FINANCING COOPERATIVES PROFIT FINANCIAL SUPPORT LENDING TECHNICAL SUPPORT DEBIT CARD LIQUIDITY RATIO ACCESS POINTS EXCHANGE RATE WOMEN OUTSTANDING LOANS LIMITED LIABILITY LIABILITIES LIQUID ASSETS COOPERATIVE GUARANTEE DEVELOPMENT BANK CROP LOAN ACCOUNT HOLDERS DEPOSITOR CREDIT ASSOCIATIONS MICROFINANCE INSTITUTION MICROENTERPRISES MFI
spellingShingle	CREDIT MARKETS WITHDRAWAL SAVINGS SERVICES DEPOSIT FINANCIAL SERVICES LIABILITY NPL EQUIPMENT ECONOMIC GROWTH ACCOUNTING WAREHOUSE DEPOSITS EQUITY FINANCE PEOPLE AGRICULTURAL DEVELOPMENT BANK LIQUIDATION RURAL BORROWERS TRAINING CENTRE MERCHANTS FINANCING VILLAGE MICRO-ENTERPRISES INFORMATION SYSTEM MICROFINANCE SECTOR INTEREST SAVINGS ACCOUNTS INTEREST RATE EXCHANGE LIQUIDITY ENTREPRENEURS BANK ACCOUNT REVENUES PORTFOLIO RURAL CREDIT OUTSTANDING CREDIT CAPACITY BUILDING LOAN BORROWERS SUBSIDY CREDIT PORTFOLIO SAVING RESERVE BANKRUPTCY BENEFICIARIES INFORMATION SYSTEMS INFLATION MFIS OUTSTANDING DEPOSITS MICROFINANCE INSTITUTIONS CREDIBILITY GOVERNANCE STANDARDS BUDGET CENTRAL BANK SMALL FARMERS ACCESS TO FINANCIAL SERVICES CROP INSURANCE LOAN PAYMENT SAVINGS TECHNICAL ASSISTANCE EQUIPMENT PURCHASES BENEFICIARY FINANCIAL INSTITUTION UNION LIQUIDATIONS FINANCES GUARANTEE FUND TRADING DEPOSIT ACCOUNTS PAYMENT FINANCIAL INSTITUTIONS MARKETS RETURN FINANCIAL VIABILITY INTERNATIONAL DEVELOPMENT MICRO-ENTREPRENEURS LOANS ENTERPRISES FARMERS RESERVES MONEYLENDERS INVENTORY FINANCIAL HEALTH LEGAL FRAMEWORK FINANCE DONOR SUPPORT INTERNATIONAL FINANCIAL INSTITUTIONS BANKING SECTOR BANKS DEPOSITORS EQUITY RURAL FINANCE INVENTORY CREDIT CAPITAL BRANCH BANKING INSURANCE PRODUCTS FUTURE BANK CREDIT MICROFINANCE LOANS CAPITALIZATION ACCESS TO SAVINGS RISK EXPOSURE EXTERNAL FUNDS ISSUANCE FINANCIAL ACCESS FINANCIAL ANALYSIS MARKET NON-PERFORMING LOAN SOLVENCY POSTAL SAVINGS PROFITABILITY CREDIT RISK INSURANCE LOAN INSURANCE MICROFINANCE FINANCIAL SECTOR ASSESSMENT SECURITY PROMOTION OF INVESTMENT ACCOUNTING STANDARDS INVESTMENT COMMERCIAL BANKS SAVINGS DEPOSITS HOUSEHOLDS INFORMAL CREDIT LIMITED LIABILITIES COST ESTIMATE COOPERATION LOSS OF CONFIDENCE RURAL FINANCING COOPERATIVES PROFIT FINANCIAL SUPPORT LENDING TECHNICAL SUPPORT DEBIT CARD LIQUIDITY RATIO ACCESS POINTS EXCHANGE RATE WOMEN OUTSTANDING LOANS LIMITED LIABILITY LIABILITIES LIQUID ASSETS COOPERATIVE GUARANTEE DEVELOPMENT BANK CROP LOAN ACCOUNT HOLDERS DEPOSITOR CREDIT ASSOCIATIONS MICROFINANCE INSTITUTION MICROENTERPRISES MFI World Bank Mali Financial Sector Assessment Program : The Microfinance Sector
geographic_facet	Africa Mali
description	While the microfinance sector is extensively used in Mali (about 1 million members often based in rural areas), the sector has experienced a major crisis for over six years. The clean-up of the microfinance remains the most pressing priority for the Malian authorities and the adoption of the emergency plan for the microfinance sector is a key milestone to cleaning up the sector. While the plan addresses the main issues (restructuring or liquidation not viable MFIs; depositors indemnization mechanism; consolidation of active MFIs; reform and strengthening of the national supervisory body), but the implementation remains very challenging in a context of fiscal tightening and donor’s reluctance to intervene. It is only the Government of Mali that can restore confidence in the sector, and only by undertaking the recommendations highlighted in the emergency plan. One of the most sensitive issues will be to manage the liquidation of a few important distressed institutions together with the indemnization of their depositors.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Mali Financial Sector Assessment Program : The Microfinance Sector
title_short	Mali Financial Sector Assessment Program : The Microfinance Sector
title_full	Mali Financial Sector Assessment Program : The Microfinance Sector
title_fullStr	Mali Financial Sector Assessment Program : The Microfinance Sector
title_full_unstemmed	Mali Financial Sector Assessment Program : The Microfinance Sector
title_sort	mali financial sector assessment program : the microfinance sector
publisher	Washington, DC
publishDate	2016
url	http://documents.worldbank.org/curated/en/2016/05/26361596/mali-microfinance-sector-technical-note http://hdl.handle.net/10986/24270
_version_	1764456288214843392

Mali Financial Sector Assessment Program : The Microfinance Sector

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