By Microfinance Focus, on October 14th, 2010% Microfinance Focus, October 14, 2010 (Colombo) : An interactive Q&A session with many hands, questions and points raised, most unfortunate to be curbed by time constraints. An insightful session facilitated by Paula Bennett, Director of Corporate Citizenship, Citi Asia Pacific.
Question: Regarding financial literacy, they are non-financial services. Do you have to partner with other companies or even international organisations to carry it out? I am from Bangladesh and our government is beginning to put an interest cap to MFIs . . . → Read More: Q&A : Financial Literacy – Who’s Responsibility?
By Microfinance Focus, on October 13th, 2010% From left: Bai Chengyu, Nina Nayar, Maud Savary-Mornet, Sok Voeurn
Microfinance Focus, Oct 13, 2010: Microfinance institutions in many countries have recently faced severe challenges in terms of portfolio quality resulting from both internal and external factors. The sector is encountering significant obstacles in terms of over indebtedness, portfolio management issues, the global financial crisis and the wider credit environment.
For a sector which has a double bottom line, the need to manage social impact with financial viability is . . . → Read More: Transaction and Portfolio Risk Management (Inclusiveness and Sustainability)
By Microfinance Focus, on October 13th, 2010% Microfinance Focus, October 13, 2010 (Colombo) : The Q&A session began with Rajendra Theagarajah facilitating the discussion between panelists and the audience.
Question: How do you balance and incentivise a professional for spending time in microfinance? In terms of management, what is the situation in India and do you think the legal structure comes in place for governance?
Alok: You can look at large corporations, or middle tiered corporations for good governance, but we do face challenges with the smaller . . . → Read More: Plenary Session: Governance and Management Q & A
By Microfinance Focus, on October 13th, 2010% Greg Chen, Regional Rep for South Asia, CGAP
Focus, October 13, 2010 (Colombo) : Recent years have revealed significant challenges for those responsible for maintaining the mission, growth and sustainability of Asia’s microfinance institutions. A key trend in those MFIs that have maintained strong portfolios continued a healthy growth trajectory, limited staff turnover and continued to attract investment is the strength of their overall governance and management. However, experience is uneven across the region.
The recent annual ‘Microfinance Banana . . . → Read More: Plenary Session: Governance and Management (Greg Chen)
By Microfinance Focus, on October 13th, 2010% Mary Ellen Iskenderian (right) Dolores Torres (left)
Microfinance Focus, October 13, 2010 (Colombo) : Mary Ellen Iskenderian, President and CEO of Women’s World Banking, opened the first day’s discussion with a foray into how the microfinance industry can play a role in providing full range of financial services to the poor. She pointed out that MFIs play an important role. “I see firstly, the unique relation MFIs have with their clients, to understand their needs. In terms of the . . . → Read More: Opening Keynote Panel: The Role of Microfinance in Achieving Financial Inclusion (Mary Ellen Iskenderian)
By Microfinance Focus, on October 13th, 2010% From left: W M Karunaratne, Dolores Torres, Mary Ellen, Iskenderian, Philip Brown
Microfinance Focus, October 13, 2010 (Colombo) : Dolores Torres, President and CEO of CARD MRI, a Philippines-based MFI, said “Good morning, it is a great privilege for us to share the experiences from the ground. I thought that I should share about the Philippines, we started with a 1 USD capital and with some help, we were able to launch a credit and savings programme. We were . . . → Read More: Opening Keynote Panel: The Role of Microfinance in Achieving Financial Inclusion (Dolores Torres)
By Microfinance Focus, on October 13th, 2010%
Microfinance Focus, October 13, 2010 (Colombo) : ‘Asia Microfinance Forum 2010’ kicked start today at the Cinnamon Grand Hotel, Colombo, Sri Lanka. The event gathers over 450 industry experts, investors, leading microfinance practitioners, policymakers, academics and advocates from no less than 50 countries. The backdrop to the conference is the relative strength and unprecedented surge in microfinance growth in Asia, despite the challenges of the recent financial crisis witnessed by the industries. Hence this year’s theme “ financial . . . → Read More: Opening Address: Asia Microfinance Forum
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About Microfinance Focus Microfinance Focus (MF) is an online knowledge platform about microfinance and sustainable development. Our worldwide recognition has been driven by a great need for shared information regarding the industry. Much of this growth can be attributed to our commitment to help the industry excel by plugging the knowledge gap, via free access to news and information that will benefit microfinance institutions (MFIs) and their practitioners.
Visit : www.microfinancefocus.com
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