Finding right ways to resolve 'last mile issue' of microloans

Client data gathering and suitable products key for industry's development

Identifying high-risk clients and targeting products at the right level are major problems faced by financial inclusion professionals around the world, experts said at an industry forum.

"Getting the information and designing products - that is a very difficult situation everywhere," said Jonathan Morduch, a professor of public policy and economics at the Wagner Graduate School of Public Service at New York University.