The microfinance industry needs to adjust to rapid changes in its markets if it is to retain its relevance, according to the latest Microfinance Banana Skins. The report ranks the risk perceptions of more than 350 practitioners and close observers of the microfinance sector in 79 countries. Respondents expressed concern about the ability of microfinance providers to meet new pressures, particularly those relating to competition, governance, and managing new risks. Seven of the top ten risks identified by the survey relate to the ability of microfinance institutions to manage a sound and fast-growing business.