CFI and CGAP Release Joint Publication on Exiting Investments Responsibly
What does it mean to exit an investment responsibly? A new joint publication from CFI and CGAP, The Art of the Responsible Exit in Microfinance Equity Sales, dissects this increasingly pertinent question. Due to a combination of several different factors, the number of exits from microfinance equity investments is anticipated to accelerate in the coming years. The new report shares the thoughts and experiences of 50 investors and industry stakeholders, uncovering insights on social concerns for exiting investors, effective practices for responsible exiting, and process considerations for exiting investments smoothly. To access the new publication, click here.
New Video Highlights Regulatory Challenges and Opportunities for Financial Inclusion
How can governments best regulate to advance financial inclusion? In recent years, more governments have taken steps to advance financial inclusion. Though on the whole, regulation struggles to keep pace with the increasingly complex services landscape, and progress is limited. In the following video, global leaders discuss the role of regulation in financial inclusion, and how coordination within governments and between sectors can lead to more informed and enabling regulation and services environments. To watch the video, click here.
Financial Inclusion for Persons with Disabilities in Ecuador
Today Josh Goldstein and Sergio Guzmán will convene with local regulators, providers and support organizations in Ecuador to develop steps for developing a policy environment conducive to the financial inclusion of persons with disabilities. The daylong meeting, “International Meeting of Microfinance for All: the Way Towards Productive Inclusion” is organized in conjunction with the Office of the Vice President of Ecuador and will include a keynote address by Josh, in addition to a series of financial inclusion-focused panels with speakers from the public and private sectors. To learn more about CFI’s work on disability inclusion, click here.
BBVA Paper Cites CFI on Financial Inclusion in Peru
A new report from BBVA Research, Factors that Matter for Financial Inclusion: Evidence from Peru cites findings from CFI’s work examining the state of and how to advance financial inclusion in Peru. The BBVA report offers a quantitative look at the determinants of inclusion in the country based on survey data. The report quotes a survey conducted by CFI of senior cross-sector professionals on the opportunities and obstacles to financial inclusion in Peru, as well as the corresponding CFI report that shares these survey findings.
Elisabeth Rhyne Discusses Inclusion and FI2020 With Credit Suisse
"Isn't the goal of financial inclusion for everyone by 2020 quite ambitious?” That’s one of the questions CFI Managing Director Elisabeth Rhyne is asked in Credit Suisse’s new Corporate Responsibility newsletter. In the newsletter, Elisabeth Rhyne is interviewed on financial inclusion, the FI2020 project and its sizable goal, and the strategies, stakeholders, and other tenets underpinning banking the unbanked. To read the interview, click here.
What's the Business Case for Investing in Financial Inclusion?
In a new Financial Inclusion 2020 video, leaders across sectors discuss why more and more financial services providers are expanding their focus to include banking the unbanked. After all, many of those without formal financial services don't have incomes to support big or frequently-used products, and their circumstances often present challenges for core services dimensions. The video features Pamela Flaherty of Citi Foundation, Tony Lythgoe of the IFC, and Paul Tregidgo of Credit Suisse, among others. To learn about how investing in financial inclusion has become increasingly sustainable as well as profitable, watch the video, available here.
New Video: Is Financial Inclusion Possible by 2020?
Expanding financial inclusion to the 2.5 billion unbanked individuals around the world is essential, but why does it matter, and is it possible in the next six years? In a new CFI video, global leaders examine these questions, discussing trends in technology, the opportunities inclusion presents across industries, and more. Among those featured in the video are Ajay Banga, Cherie Blair, Sendhil Mullainathan, and Duvvuri Subbarao. To watch the video, click here.
A Framework for Disability Inclusion
Through our strategic partnership with Fundación Paraguaya, Handicap International, and the Smart Campaign, over the past two years we’ve developed a series of tools and trainings to guide MFIs in becoming disability inclusive. This comprehensive toolkit, which includes actionable implementation steps, is now public for any MFI or financial services provider who wishes to use the resource. To access the toolkit, available in English, Spanish, and French, click here.
Global Forum Roundup Magazine
We’re pleased to introduce you to our online interactive Global Forum Roundup. This one-time “magazine” includes key messages from the plenary sessions and roundtables on the Roadmap to Financial Inclusion, personal commitments from many participants, resource links, and FI2020′s plans for 2014 and beyond. Click on any photo within the magazine to watch session videos and other content. To view the magazine, click here. A PDF version of this Roundup is available here.
Reuters Article Cites CFI and the Global Forum
This week Reuters published Big Banks See Rich Opportunities in World’s Poorest, an article that offers an overview of financial inclusion – the benefits to customers, the market opportunity for providers, the underpinning trends and new technologies making this outreach increasingly possible. Among those cited in the article are Accion CEO Michael Schlein, Access Bank’s Aigboje Aig-Imoukhuede and Citigroup’s Bob Annibale through comments they delivered at the FI2020 Global Forum, and CFI, specifically our Mapping the Invisible Market research. To read the article, click here.