- Sophie Manigart, Prof. Dr. Ir. Vlerick Business School
- Loïc De Cannière, Managing Director, Incofin
- Marion Cahen, Manager Microstart Gent
- Tine Osaer, Kredietconsulent, Hefboom VZW/CVBA
- Luc Haegemans, Secretary General & Member of the Executive Committee, BNPParibasFortis
Ever thought about investing in microfinance? But hesitated because: what is it? How does it work? What is in it for me? What is in it for the clients?
Microfinance refers to a movement that envisions a world in which low-income households have permanent access to a range of high quality and affordable financial services offered by a range of retail providers. These services include savings, credit, insurance, remittances, payments, and others.
We will explore how microfinance is working in practice and how to invest in these instruments, as well as for which activities, against what conditions and with what expected results these services are offered.
Our speakers are coming straight from the field and are delighted to give an answer to all your questions. Prof. Dr. Ir. Sophie Manigart will moderate the evening.
“Microfinance” is often defined as financial services for poor and low-income clients offered by different types of service providers. In practice, the term is often used more narrowly to refer to loans and other services from providers that identify themselves as “microfinance institutions”. These institutions commonly tend to use new methods developed over the last 30 years to deliver very small loans to unsalaried borrowers, taking little or no collateral. These methods include group lending and liability, pre-loan savings requirements, gradually increasing loan sizes, and an implicit guarantee of ready access to future loans if present loans are repaid fully and promptly.
More broadly, microfinance refers to a movement that envisions a world in which low-income households have permanent access to a range of high quality and affordable financial services offered by a range of retail providers to finance income-producing activities, build assets, stabilize consumption, and protect against risks. These services include savings, credit, insurance, remittances, and payments, and others.
In addition to the new techniques explained above, the microcredit approach has tried to avoid the pitfalls of an earlier generation of targeted development lending. The approach focuses on fostering better repayment discipline and charging interest rates that cover the costs of credit delivery, both of which support development of sustainable institutions that can continue to expand their services in the future.
Our keynote speakers are active in the field of microfinance and will present a wealth of practical information about microfinance.
To close the event, the panel members will answer your questions in a Q&A session. And if this is still not answering your needs, you can continue the debate during the networking reception.
- 18:30 Dinner with the keynote speakers (exclusive for Platinum members)
- 20:00 Start of the event
- Q&A and debate
- 22:00 Reception
In cooperation with:
- Luc Haegemans
- Marion Cahen
- Philippe Duhamel
Presentations Microfinance Event- FINANCE Alumni from Vlerick_Alumni
Presentation - Loïc De Cannière: