Greenfield MFIs in Sub-Saharan Africa: A Business Model for Advancing Access to Finance

This paper explores the greenfield business model, which focuses on expanding financial services through two main elements: 1) creation of a group of “greenfield microfinance institutions (MFIs)” defined as institutions that are newly created without pre-existing infrastructure, staff, clients. Or portfolios; and 2) central organizing bodies- often holding companies – that created MFIs through common ownership and management.