SAVE THE DATE – 8th UMM WORKSHOP, JULY 19-20 2012 FRANKFURT (GERMANY) – MORE INFOS AND REGISTRATION SOON
Topic: Microfinance in crisis? Impact and financial transparency.
Date: July 19th and 20th
Location: Frankfurt School of Finance & Management
Experts from ADA, African Microfinance Transparency Forum, e-MFP, Finance in Motion, GIZ, KfW, Interational Advisory Services, Internationale Project Consult (IPC), Microfinance Transparency and PlaNet Finance, responsAbility and students and professors from CERGE-EI, Frankfurt School of Finance & Management, Solvay Brussels School, Universidad Europea de Madrid, University of Bath, University of Mannheim will present and discuss their findings.
About the topic: Throughout the past three decades various microfinance actors have strived to improve the lives of low income households and businesses that have been excluded from formal financial services before. So far, however, only little academic evidence exists which clearly documents the impact of these efforts, challenging the need of microfinance investment vehicles to provide transparent data about the social performance of their investees. Moreover, critical cases of over-indebtedness in certain markets have increased the awareness of social investors, thereby intensifying the efforts to restore responsible finance practices and strengthen the transparency at the level of the microfinance clients. Throughout the workshop participants will discuss the topics of impact and transparency, contributing to find an answer to the question whether microfinance is living up to its expectations.
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