Please give some examples of various MFI operating differences to better understand the scope of the system requirements?
Case 1: Southeast Asia This MFI is a Southeast Asia Grameen partner. It follows the typical scenario outlined above for a group solidarity format. Several specific additional products and specific parameters are of note. Compulsory Contributions: Compulsory savings requirement for all members on a weekly basis. Savings may be withdrawn if member drops out or the group approves a special loan based on need. A second compulsory savings requirement is to be used for developmental activities only as approved by the Group Leader and Secretary. A third compulsory saving for emergencies is to be used to pay off outstanding loan amounts and compensate member families in the event of death. (A mutual aid or fraternal type of insurance). Government subsidized insurance for accidental death or disability is also offered and premiums collected monthly Collective Responsibility Fund is a fund to which members contribute that repays defaulted payments of group members under certain guidelines. Proce
