Abstract
Natural or man-made hazards affecting microfinance institutions (MFIs) have been gaining interest, especially after the occurrence of the Asian Tsunami in 2004, but these hazards have not yet been sufficiently acknowledged. The literature and applied research fall short of general conclusions; for practitioners, protection, prevention and management strategies are complex and costly. Therefore, MFIs are often unable to face these risks, and their potential to manage consequences has been poorly explored. External support — donations and technical assistance — is often provided to MFIs to recover from contingent situations.
The authors belong to the Finance and Development Group, Research Centre on International Co-operation at the University of Bergamo. This chapter is based on a research project sponsored by the Giordano Dell’Amore Foundation (Milan). Corresponding author, Laura Viganò (laura.vigano@unibg.it).
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© 2013 Davide Castellani, Simonetta Chiodi and Laura Viganò
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Castellani, D., Chiodi, S., Viganò, L. (2013). Are Microfinance Institutions and Their Customers Reactive to Disaster Risk? Main Topics and Four Case Studies. In: Manos, R., Gueyié, JP., Yaron, J. (eds) Promoting Microfinance. Palgrave Macmillan, London. https://doi.org/10.1057/9781137034915_10
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DOI: https://doi.org/10.1057/9781137034915_10
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