Reference no: EM132977028
Topic: Impacts of the COVID-19 pandemic on microfinance in two countries.
Task Details: Against the backdrop of the purpose of microfinance, which is to finance the livelihood, health care, education, housing improvements, small business creation, selected micro-entrepreneurial aspirations and other needs of populations living in poverty or near-poverty levels, and who are not served by the traditional financial institutions, you are required to undertake the following.Students are required to research the operation of microfinance in two significant countries (selected from different continents) in recent years and produce a report which:
a. Describes the structure and operation of microfinance and MFIs in the two selected countries;
b. Outlines the impacts of COVID-19 on each of the two selected countries as a whole, considering numbers of coronavirus cases, deaths and recoveries in the population, changes in real GDP, employment, inflation, interest rates and government and health care responses;
c. Examines the impacts of COVID-19 on the various members of the microfinance community in each selected country. Without limiting the scope of your investigation, and recognising the limited availability of data, you should consider the impacts (where possible) on stakeholders such as:
o borrowers and their ability to repay loans, their defaults and likely defaults, over-indebtedness, business failures, suicides and other outcomes;
o MFIs and their operations, including loss of profits, defaults, repayment and other concessions offered to clients, availability of finance from investors (or calls for withdrawals of equity and loan capital);
o consumers and other users of borrowers' outputo the regulators and any assistance offered to MFIs and their clients;
o any global assistance from the United Nations, other countries, charities or other helpers; and
o other issues you consider relevant; and
d. Given your insights from a - c, recommends to the two selected countries' governments and other authorities strategies for dealing with any future pandemic and, in particular, how participants in the microfinance sector may be protected from - or be assisted to manage - the impacts.
|
What is a direct placement of corporate bonds
: Samantha's restaurant just burned down, destroying all of her net worth, and she wants a loan to rebuild. Explain what type of asymmetric information problem th
|
|
What is the primary function of a retirement fund
: What is the primary function of a retirement fund? What does "ceteris paribus" mean?
|
|
Explain your main concerns regarding the audit of ABC
: By undertaking a risk analysis, identify and explain your main concerns regarding the audit of ABC
|
|
How should VISAGE Co classify the headquarters building
: The building has a carrying amount of 5,000,000, a fair value of 6,000,000 and estimated costs to sell of 200,000. How should VISAGE Co classify the headquarter
|
|
Describes the structure and operation of microfinance
: Topic: Impacts of the COVID-19 pandemic on microfinance in two countries.
|
|
Differences between end consumers and businesses
: In your opinion, which are the three most important differences between end consumers and businesses as customers? Explain your reasoning.
|
|
Powers granted to the president in the constitution
: 1. Name 3 powers granted to the president in the Constitution.
|
|
Implement the functionality of the program
: Programming project - Implement the functionality of the program, but you may write/use additional methods if you feel they improve your program
|
|
Prepare the extract of the income statement
: Prepare the extract of the Income Statement to Gross Profit for the month of June under the periodic method of recording inventory
|