Microfinance Focus, May 8, 2011: This year the International Association of Microfinance Investors (IAMFI) released a paper entitled Charting the Course: Best Practices and Tools for Voluntary Debt Restructurings in Microfinance for public distribution. Charting the Course seeks to promote best practices for the workout among co-creditors of MFI debt. The study was sponsored by Morgan Stanley – an IAMFI board member – and focused on lessons learned from difficult times. IAMFI’s research equips micro-creditors with the tools and practices they need to grow while avoiding bankruptcy in order reach the more than three billion people living on less than U.S. $2.50 per day.
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