Microfinance in Africa: opportunities for social EntrepreneursSaturday 18th, May 2013
It is undeniable that there is a large untapped microfinance market in Africa today, although constraints remain numerous. Africa, with an average loan size estimated in 2011 at USD 475, is well above the average portfolio yield of the Symbiotics worldwide microfinance index. Despite this high yield, African microfinance institutions are lagging behind in terms of profitability. However, many aspects of the microfinance business are quite promising in Africa.