Building up a Microfinance Institution from Scratch - Bhutan
Sustainably providing financial services in rural regions – this is possible by building up institutions that follow the principles of Sparkassen.
This video shows how German Sparkassenstiftung builds up a Mircofinance Institution in Bhutan with its project partner RENEW (Respect, Educate, Nurture, and Empower Women) and with expertise from German Sparkassen.
The Microfinance Institution offers savings, provides loans and fosters financial literacy in rural Bhutan. Using digital technology RENEW MFI serves more than 25.000 women covering large parts of Bhutan. The institution strengthens the resilience of its clients – and supports ecological agricultural production. The project is funded by the German Federal Ministry for Economic Cooperation and Development (BMZ).
Want to learn more? Watch the new video!