DEVELOPING THE MICROFINANCE INDUSTRY IN THE NEW REALITY
The current economic environment has significantly affected the microfinance sector: MFIs’ operations, portfolio, and liquidity, as well as ways of cooperation and information exchange with the other microfinance stakeholders. Many financial markets see the changing value of the local currencies, prices for goods and services, and costs of hedging, and decreasing opportunities of attracting the new investments. Microfinance sector players struggle with debt repayments, meanwhile moratoriums and restructurings become a widespread measure introduced to support the sector development. In addition, a slowdown in the real economy makes the clients of MFIs even more vulnerable, hence it requires the respective transformation of existing systems, policies and approaches.
The 17th Annual Global Microfinance Forum by Uniglobal will cover a range of topics that make this forum appealing to MFIs, investors and other industry players from all over the world. It will bring on board a solid network of professionals and senior level experts who will share their experiences and views on the current sector challenges and opportunities, as well as expectations and predictions about future trends in microfinance. During multiple sessions the participants will discuss how MFIs adapt to and run in the new reality, current complications for microclients, specificity of moratoriums on debt repayments, rising importance of digital transformation and many other important topics.