Client Protection Principles in Microfinance

Client Protection Principles in Microfinance Institutions.
Principles of Client Protection in Microfinance Providing access to financial services to millions of underserved individuals worldwide, microfinance has emerged as a potent instrument for financial inclusion. However, due to its rapid expansion, concerns regarding client safety and ethical practices have emerged. The Smart Campaign introduced the Client Protection Principles in Microfinance Institutions (CPPs) to address these issues. Albeit the Savvy Lobby has stopped activities, the SPTF (Social Execution Team) and CERISE have accepted the responsibility of shielding the CPPs, guaranteeing that microfinance establishments stick to these standards. We will discuss the significance of the fundamental principles of client protection in microfinance in this blog post.