Library Videos Technology and Microfinance: The Challenge of Integration

Technology and Microfinance: The Challenge of Integration

10 Dec 2009 13833

In this video, Abhishek Sinha, CEO of Eko, India, and Raj Khera, Vice President Business Development, FINO, discusses the benefits and challenges of integrating technology within the microfinance sector in India. Elaborating the benefit of choosing mobile phones channel of delivery, Abhishek says that the wide-reach of mobile has helped them to reach even the remotest corner of the country. Further, he believes technology can be used to reduce the transaction cost. Whereas, Rajeev sheds light on the challenges from the technology providers viewpoint that is poor bandwidth, adaptation to technology and balance between funder centric and MFI centric technology solutions.

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