Introducing an interesting online publication
Our blog aims to provoke thought and insights on microfinance and financial inclusion. Thought provoking remarks and insights come from and go around the web. One of the most interesting entries I recently crossed was post on the website of the Center for Financial Inclusion Accion by David Porteous and Gavin Krugel, Chair and CEO, the Digital Frontiers Institute (DFI).
One of their findings is that the largest constraint in financial inclusion is not shortage of funding, but that of human capabilities and competences which undergird capacity within organizations new and old, public and private.
06/11/2015: ITEM7 call for papers announced! Submission deadline for abstracts set for November 30, 2015.
23/11/2015: Microblog by Djamchid ASSADI
24/09/2015: New blog by Djamchid ASSADI
7th Conference on Innovative Trends Emerging in Microfinance
Pumping up Innovations In and Around Microfinance
Microfinance, Crowdfunding and Community Development Finance
March 15-17, 2016, Shanghai, China.
- a website dedicated to promote the research of the Banque Populaire Chair in Microfinance of the Burgundy School of Business -
15/10/2015: Winner of "Giordano Dell'Amore Microfinance Best Practices International Award 2015" Announced!
If you want to save environment, save profit!
Marion Allet, from Université Libre de Bruxelles - Solvay Brussels School of Economics and Management, has substantial thoughts on relations between microfinance and (green) environment. In her article, Why do microfinance institutions go green? An Exploratory Study(2014, Journal of business ethics, 122(3), 405-424), she aims to identify why microfinance institutions go green. She discovers that legitimation in the eyes of stakeholder pressure and recognition of social responsibility are their dominant drivers. In a more recent article, Mitigating Environmental Risks in Microenterprises A Case Study From El Salvador (2015, Business & Society); Marion Allet
explores the potential and limitations of microfinance institutions in promoting the environmental risk management practices. Her case study in El Salvador reveals that the microfinance institution under investigation had difficulties in reconciling its environmental and performance objectives. She also discovers that the psychological and financial barriers that constrain micro-entrepreneurs to engage in any meaningful environmental behavior change are not taken into account.
Let's put these articles in a larger perspective. Rare are those who are not worried about the environment degradation...
Cantilan Bank, Philippines
On October 15th Mr. Federico Manzoni, president of Giordano Dell’Amore Foundation, had the pleasure to announce the winning institution of the 2015 Award. The ceremony took place during the International Conference "Improving Financial Inclusion of Smallholder Farmers", organized by the Foundation in Milan.
Cantilan Bank, from the Philippines, submitted the proposal “Pag-uma and Value Chain Financing”, and was awarded for its gender-sensitive approach to financial inclusion and agricultural value chain financing for smallholder farmers through savings based funding and a blend of individual and group lending elements. Cantilan Bank is one of the first rural banks operating in the Philippines to offer microfinance services based on the Grameen model. In order to satisfy market demand and reduce the negative effects of climate change, Cantilan Bank has developed two innovative uncollateralised loan products specifically addressed to farmers and agricultural value chains. Through partnerships with farmers’ associations, improved repayment schemes and financial education, the bank facilitates financial inclusion of Filipino smallholder farmers.
For more information on the experiences of the 2015 winner and finalists, please read the report "Improving Financial Inclusion of Smallholder Farmers" available at the foundation website.