Exploring Domestic Remittances as a New Line of Business for Indian MFIs

• by Soumya Harsh Pandey and Vartika Shukla
• Oct 26, 2009
• 1 min
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With the growing interest in remittances as an important product for the poor, this note assesses the options for microfinance institutions (MFIs).

With the growing interest in remittances as an important product for the poor, this note assesses the options for microfinance institutions (MFIs). It looks at the demand for remittances, the structure of a potential remittance product, why and how MFIs might provide remittance services and the risks involved in doing so.