Microfinance: Is there really a Crisis? Interactive webinar on October 4, 2011

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Microfinance: Is there really a crisis? That is the question posed by an upcoming live webinar on 4 October, organized by Local Voice 4 Development. Panelists include former South African First Lady Zanele Mbeki and UN advisor Sanjay Sinha.

The webinar aims to dispel the perception of crisis and solicit opinions, information and perspectives from key industry leaders.

Until recently, Microfinance was globally perceived as one of the most powerful instruments in the fight against poverty. Today, media are shining a spotlight on reported abuses, the public is asking questions, funders are losing interest and governments are considering intervention. The Local Voice 4 Development webinar aims to dispel the perception of crisis and solicit opinions, information and perspective from key industry leaders.

Amsterdam-based organizer Bob Bragar, a highly regarded professional within the industry, hopes the webinar will raise awareness and bring people together to understand what is really going on in the industry. Panelist will share their insights from different organizations working on the ground around the world. “This webinar is not just a presentation,” says Bragar: “It will be a place for discussion where everyone will be encouraged to interact.”

Panelists include:

  •     Zanele Mbeki (South Africa), former First Lady and chair of the Women's Development Bank Trust
  •     Sanjay Sinha (India), managing director of Micro Credit Ratings International and a member of the UN Advisors Group on Inclusive Financial Sectors
  •     Luis Derteano Marie (Peru), president of Grupo ACP, a leading microfinance investor in 10 countries throughout Latin America
  •     Mikhail Mamuta (Russia), director of the Russian Microfinance Center and president of the National Partnership of Microfinance Market Stakeholders
  •     Damian von Stauffenberg (Germany), founder of MicroRate, the world's first rating agency specializing in microfinance


About LocalVoice4Development.org
Local Voice 4 Development is dedicated to the idea that local leaders are the key to solving local problems: "We believe in development. We believe in dialogue. And we believe that local voices must lead this dialogue if action to combat poverty is to have lasting effect. Our mission is to provide a forum for committed people around the globe to confront the slow pace of progress. We are here to talk and, more importantly, to listen."


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