Conference, 21st and 22nd October 2008: "The Untapped Information & Communicatio...

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Sep 2008
France, September, 05 2008 - PlaNet Finance, partnered with NASSCOM Foundation and the French Embassy, is organising a global Microfinance and New Technologies summit in India.

Microfinance has become a key poverty alleviation strategy the world over. The impact is visible in the form of enhanced assets, decreased vulnerability, increased livelihood diversification and overall improvement in levels of well being in client households.

The World Bank estimates that there are now over 10, 000 microfinance institutions, serving over 150 million poor people in developing countries. The total cash turnover of MFIs world-wide is estimated at US$30 billion and the potential for new growth is estimated at around 30%.

ICT proves proficient in enabling MFIs to conceptualize, develop and operate projects for financial inclusion. It supports sector initiatives which are aimed at enabling rural and remote un-banked areas to enjoy the benefits of formal financial products and services.

The need remains, however, to examine the use of various technology products and channels in the delivery of microfinance throughout the world, and the development there of.

Microfinance offers a great, largely untapped market for ICT technologies and a chance to make a big difference in outreach, sustainability and the impact of Microfinance.

Summit Objectives:

  • To raise awareness among the ICT companies of the untapped market in microfinance
  • To increase knowledge about ICT solutions and their impact on the sector within the microfinance industry.
  • To address the need for regulation enabling ICT use in microfinance.

Target audience:

  • MFI’s and Microfinance Practitioners
  • ICT Companies and Individuals
  • Regulatory Authorities
  • Donors and Public Agencies


 

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The fund indexes, institution benchmarks and other market information displayed here are all Symbiotics designed analysis tools, created in-house by our analysts and experts. Symbiotics has one of the oldest track records in microfinance investment analysis dating back to the late 1990s; its indexes and benchmarks have been regularly used as markers by investors, asset managers, financial institutions and practitioners. These, as well as several other research products, are available through the Research Account. Click on the link below to find out more.

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