Some of the biggest challenges microfinance institutions (MFIs) struggle to overcome today are high operating costs, scalability and low earnings. And it is widely understood that the provision of fintech innovations is expected to help MFIs reduce their costs, increase operational efficiency and remain competitive in the rapidly changing financial landscape.
Additionally, new players like fintech-based lenders and mobile network operators are entering the microfinance industry and targeting the unbanked and the financially excluded segments. How successfully MFIs respond to this dynamic and competitive environment will also determine which actors will thrive within the financial inclusion industry in the near future.
The 2nd Annual Asia Pacific Microfinance Forum will shed light on how the pioneering microfinance sector players evaluate the potential uses, critical success factors as well as implementation challenges of the recent fintech developments in the financial inclusion sector.
SOCAP is the leading gathering of global changemakers addressing the world’s toughest challenges through market-based solutions.
SOCAP19 will host over 150 sessions featuring over 500 speakers from across sectors, issue areas and geographies.
Convened by Social Capital Markets, a network of investors, entrepreneurs, and social impact leaders addressing the world’s toughest challenges through market-based solutions, SOCAP is dedicated to increasing the flow of capital toward social good. SOCAP emphasizes cross-sector convening and gathers voices across a broad spectrum to achieve unexpected yet impactful connections. From the leading edge to established players, it brings together global innovators, investors, foundations, governments, institutions and social entrepreneurs to build the world we want to leave to future generations.
NextBillion readers can get a $250 discount until Oct. 4 with the code MP_NextBillion.