Microfinance Institutions and Accountability Audits: Ensuring Transparency for Underserved Populations
Microfinance institutions (MFIs) have emerged as vital players in the global financial ecosystem, providing financial services to underserved and marginalized populations. Their role extends beyond profit generation to fostering economic empowerment and poverty alleviation. However, the unique challenges posed by their operations demand rigorous accountability audits to ensure financial transparency, compliance, and ethical practices. This…