Microfinance Lunch Break Online: Microfinance plus: investing beyond traditional MFIs

Microfinance Lunch Break Online: Microfinance plus: investing beyond traditional MFIs

15/10/2020 at 11:00 - 12:00
Location: Virtual
Organiser: ADA
Event type: Conference

15th October

Digital Finance, Mobile money and other emerging technological innovations deeply transform the way MFIs serve and monitor their clients. Furthermore, the current Covid-19 crisis has created both opportunities and risks for the inclusive finance sector which started to develop and adopt innovative practices to deal with it. There is now room for new models beyond traditional MFIs, to meet the needs of the poorest using technologies that provide efficiency, cost and risk reduction, as well as the capacity to reach the most remote populations.

Impact investors are more and more targeting these new models of MFIs.  As they were better prepared to serve and follow up on clients in a world of social distancing, these new players seem to adapt their activities more easily to the new constraints. Futrthermore, some of these “new” actors show a less affected portfolio by the Covid-19 crisis than traditional MFIs.

LMDF, the Luxembourg impact investment fund advised by ADA, is already working with some actors who bet on innovation.

Within this unprecedented situation, how “Microfinance Plus” vision could be enhanced and amplified? On which topics and criteria impact investors will focus within the next months? How these new criteria of investment will help to transform the microfinance sector in Africa and Asia? What are the risks and the advantages for investees to become more digitized? 

The speakers will be:

• Laura Foschi, Executive Director, ADA
• Raymond Schadeck, Chairman, LMDF

You have the opportunity to listen and discuss with the two speakers present at this Midi.

Professionals of financial institutions (banks, microfinance institutions) and regional organizations are invited to ask their questions:

• either before the Lunch Break, at the following address: ada.midis@ada-microfinance.lu
• or live through Zoom on October 15th, via the discussion space that will be made available

To register check the website

Source: ADA