Summary (English)

Based on the experiences of innovative MFIs, it is clear that they can be effective providers of valuable risk management services that can have a potent impact on clients and MFIs alike. This paper provides a comprehensive review of the challenges facing MFIs that provide insurance to low-income persons and microenterprises, as well as their successes, with a focus on three topics: (1) the evolution of products, (2) the range of institutional options, and (3) improving business processes.