As the sector matures, microfinance institutions (MFIs) require capital from a variety of sources. There has been extensive growth in international lending to MFIs and, consequently, greater exposure to foreign exchange risk. As managers seek to finance their business plans, this Progress Note offers five suggestions to best minimize or manage this risk. Banyan Global’s Shifting Technical Assistance Needs for Commercial MFIs: A Focus on Risk-Management Tools provides more overall information about risk management for MFIs.