Microfinance

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Microfinance activities are an effective tool to decrease disaster risk for persons facing extreme poverty and other at-risk households.

Tips for inclusion:

  • Work with representative organizations raise awareness among at-risk groups in the community on the importance of microfinance, microsaving and microinsurance for disaster risk reduction.
  • Ensure community-based microfinance schemes are accessible for persons from at-risk groups and raise community awareness for the inclusion of at-risk groups in microfinance activities.
  • Review the policies and practices of microfinance providers to identify and address institutional barriers for at-risk groups, including persons with disabilities and persons from linguistic minorities.
  • Educate microfinance institutions on inclusive cash transfer modalities and delivery mechanisms.