Microfinance Banana Skins 2014 Roundtable
November 18, London, U.K.
The recent Centre for the Study of Financial Innovation (CSFI), Citi Foundation, and CFI joint-survey of risk in the microfinance sector, Microfinance Banana Skins 2014
, revealed that the industry’s biggest concern is client overindebtedness, in part the result of an increase in providers’ lending capacities and increased market competition. Also the top concern in the previous Banana Skins survey, this year’s report suggested that the overindebtedness problem was actually growing in some places. On November 18, CSFI is hosting a roundtable discussion
on the report with its authors, David Lascelles, Sam Mendelson and Daniel Rozas, along with Deborah Drake of CFI and Sarah Nolan of Opportunity International.
European Microfinance Week
November 12-14, Abbaye de Neumunster, LuxembourgEuropean Microfinance Week
is an annual event hosted by the European Microfinance Platform (e-MFP) for those working in the industry to network, share experiences, discuss strategies, and explore collaboration opportunities. The week includes expert panels, interactive discussions, as well as supplemental activities and events. During the Action Group day on November 12, e-MFP is hosting a working session co-organized by the Microfinance CEO Working Group (MCWG
) and the Financial Inclusion Equity Council (FIEC
). Led by CFI’s Deborah Drake, it will explore the future of some of the core data infrastructure in the microfinance sector, including the MIX Market, Microfinance Transparency and other initiatives that are of critical importance not only to e-MFP members, but also to countless microfinance practitioners. Also on the 12th, CFI’s Investing in Inclusive Finance
program area is hosting a cocktail reception to introduce the new Accion Africa Board Fellowship program. Finally, on the 13th Deborah Drake will be moderating a panel, “Exiting responsibly: The case of Sathapana,” which will discuss highlights from the recent CFI-CGAP publication, The Art of the Responsible Exit in Microfinance Equity Sales
, and will specifically feature a discussion on the Sathapana case.
Financial Inclusion Equity Council Fall Meeting
November 10-11, Zurich, Switzerland
The fall 2014 Financial Inclusion Equity Council (FIEC
) meeting will be hosted by responsAbility in Zurich, Switzerland on Monday, November 10 and Tuesday, November 11. The meeting will bring together social equity investors to discuss investment trends, fund management, supporting the microfinance infrastructure, and impact investing in India. The FIEC is a membership council representing the leading private entities making active, long term, and sustainable equity investments in institutions focusing on under- or un-served clients, with the goal of achieving greater financial inclusion.
November 4-6, Guayaquil, Ecuador
Anticipating an attendance of over 1,600 participants, the 17th Foromic
will be held in Guayaquil, Ecuador and hosted by the Multilateral Investment Fund (MIF) of the IDB Group. General topics at the event include financing of MSMEs and underserved entrepreneurs, the role of corporate governance, behavioral and consumer research, and financial inclusion and education. CFI’s Deborah Drake will be participating in a panel discussion on the challenges of corporate governance within microfinance institutions and cooperatives and the governance views of international investors and donors. The panel will also present a comprehensive initiative to improve governance practices in the LAC region.
Women in Governance
October 21, 6:00 - 8:00 PM
Mayer Brown LLP, 1675 Broadway, New York City, USA
The Accion Women’s Network is hosting a panel discussion on women in governance. Featured panelists Deborah Drake, Vice President of the Center for Financial Inclusion at Accion, and Melissa Lumpkin Baez, Director of Global Operations in Africa, will discuss the importance of board gender diversity and will share how Accion is working to promote an increased presence of women in governance in our partner institutions, and in the greater microfinance industry. We anticipate a lively discussion and hope you can attend – if you have something to contribute based on your own experience with board service, your perspective is encouraged! The event will be held 6-8pm at Mayer Brown LLP, 1675 Broadway, New York, NY. To RSVP, contact Andrea Horak at 617.684.0245