We are pleased to invite you to participate in a discussion with David Lascelles of CSFI and Philip Brown of Citi
Microfinance, about the future of the microfinance industry. The creators of the 2009 Microfinance Banana Skins will be joining us at the Center for Financial Inclusion at ACCION, in Washington DC, to discuss the report’s findings.
Published annually by CSFI, Citi, and CGAP, the report observes t he risks affecting growth in the microfinance industry. The findings have shifted significantly from the 2008 report due to the global financial crisis. Come listen to these experts discuss this year’s top-rated risks, how
2009’s findings differ from past survey’s, and implications for the microfinance industry. Space is limited, please RSVP to Amanda Powell (apowell@accion.org) no later than Tuesday, October 20th.
Date: Wednesday, October 21
Time: 4:00pm to 6:00pm
Place: Center for Financial Inclusion at Accion
Address: 1401 New York Ave., 12th Floor, Washington, DC 20005
RSVP: Amanda Powell at apowell@accion.org
About the report
The Centre for the Study of Financial Innovation (CSFI) began its now well-established Banana Skins survey in banking more than ten years ago. The report was expanded to include an analysis of microfinance for the first time in 2008, and is now published on an annual basis by CSFI, Citi, and CGAP, with the support of the Council of Microfinance Equity Funds (CMEF). The report presents the findings of that year’s industry-wide survey, examining the risks that affect the growth and viability of microfinance institutions. The goal of the report is to raise awareness and engage investors, policy makers and managers of microfinance institutions on the perceived risks facing the sector. While by no means exhaustive, the 29 risks identified provide a faithful snapshot of the microfinance industry at that moment in time. The 2009 Microfinance Banana Skins was completed in July of this year, and findings have shifted significantly from those of the 2008 report, given the global financial crisis.
A copy of the 2009 Microfinance Banana Skins report can be found at http://www.csfi.org.uk/Microfinance%20Banana%20Skins%202009.pdf .