Rural Finance Knowledge Index

Rural Finance is about providing financial services for people living in rural areas. This Rural Finance blog aims to assist individuals & volunteers working in rural areas to build their capacity to deliver improved financial services which meet the needs of rural households.

Rural Financial Products :

Rural Finance is also about financial products which are at the heart of a financial service provider's business - they are what is "sold" to clients. Like any other business, therefore, a rural finance service provider must be market-driven and aim to identify and meet customers' needs on a profitable basis. Customers may be private individuals or businesses and their finance needs will range from needing somewhere safe to keep surplus money to being able to borrow to meet a cash shortfall or being able to send money to a relative in a rural area. Someone providing rural finance services, therefore, has to decide whether to offer their customers one product or several products and how much to charge in order to make a sustainable business.

In this regard we have following Rural Finance Knowledge Index . Pl click into your area of interest & send in your comments to improve the contents , share your experiences & yes to upgrade your own knowledge

In this regard we have following Rural Finance Knowledge Index . Pl click into your area of interest & send in your comments to improve the contents , share your experiences & yes to upgrade your own knowledge

Understanding Rural finance Needs

Rural Finances Challenges

ITC e Choupal Way

Rural finance Products & Services

• A Technical Guide to Rural Finance: Exploring Products
• The MBP Guide to New Rural Finance Product Development
• Innovative Products and Adaptations for Rural Finance
• Beyond basic credit and savings: Developing new rural finance service products for the poor
• Rural Finance Product Basics for New Entrants

Processes

• Drive Rural Finance Growth through Process Innovation
• Learning to recognize process waste in Rural Finance services
• Six Sigma Approach to improve & design Rural Finance Services
  

Articles of Interest on Rural Finance

• A life Insurance Policy for China
• MicroInsurance experiences
• Rural India lessons in Micro Finance
• Providing Insurance to Low Income Group
• Microfranchising
  

Finance & Humour

New Insights : Aug 2009

I am writing after a long time , drive was not there as I was trying to trace what is new that can shared

Today I think I have some thing to share

Over 4 million Oulets in FMCG Rural outlets in Rural India : option of using fraction of these Retail outlets as banking correspondents is pretty tempting

These outlets interact with consumers closely and have good credit history of consumer ( on both intention and ability to pay) , which can be of immense value to banking sector .

But who can coordinate and monitor these retailers . It can be done FMCG companies whose products are "anchor business" for these retailers

But today Most of FMCG companies reach these outlets passively as it too costly to serve and hence the entire value chain is left under utilised . Is it possible that these too sectors come together and create distribution innovation

Quite possible and I think we can succeed in RBI allows these counters to be Business correspondents under supervision of Responsible Bank and FMCG company