Microfinance India Conference to be held on Oct 9-10
New Delhi, India, October, 04 2007 -
The 4th annual edition microfinance India conference will be held from October 9- 10th, 2007 at New Delhi. Microfinance India has emerged as most credible platform for learning, sharing and visioning for the Indian microfinance industry. This year the conference will highlight the unique success of the Indian microfinance sector, specifically the role of the formal financial sector in providing financial services to the poor.
The specific theme for this year’s conference is “Formal Financial Institutions and Microfinance – The Challenges of Depth and Breadth”. The extensive presence of the formal financial sector in India presents a huge opportunity, yet to be fully optimised. The conference will look at experiences and institutional mechanisms relating to building an inclusive financial sector in India, discuss on missing critical financial products and services and identify constraints in upscaling.
As Indian microfinance stands at the forefront of the industry commercialization wave, an investment fair has also been organized as part of the microfinance India 2007 conference. This ‘Investment Fair’, will facilitate the investors and MFIs to meet to discuss investment needs and opportunities for MFIs. About 15 international and national Investors will set up their booths at the Conference and interface with MFIs who have been supported by the Microfinance India platform to develop their business plans and pitchbooks.
Some of the biggest names like Morgan Stanley, Omidyar Network, Microvest Fund, Rabo Bank, Accion , Incofin , MEDA , Blue Orchard, Planet Microfund , Micro Ventures will participate in the inverstment fair as investors.
While Shri. P. Chidambaram, Honb’le Union Finance Minister is likely to inaugurate the conference , other speakers key speakers include the Smt Vasundhara Raje, Honb’le Rajasthan Chief Minister, Shri. Jairam Ramesh, Hon'ble Minister of State of Commerce, Govt of India, Prof. C Rangarajan, Chairman , Economic Advisory Council to PM office, Dr. Bimal Jalan, Former Governor of the Reserve Bank of India and several sector leaders from across the world.
Mr. Vipin Sharma, CEO, Access Development Services, “The success of the last three editions of the conference has challenged us to constantly add new features to the conference to make it relevant to the evolving sectoral aspirations. Given the new interest of private equity in MFI investments in India, a new feature this year is the first ‘Investment Fair’ organised for MFIs during the conference. The other significant contribution of the microfinance India is the State of the Sector Report brought out each year, which is a comprehensive annual progress of the sector in totality. The pace of change and institutional diversity of Indian microfinance sector has evolved to a level that it became necessary for such a report in both India and abroad (by practitioners, financial institutions, policy makers, regulators, the research community, the media, and the intelligent layman)”