With this 2-day executive program, we will take you on a journey. The goal is that your trip will not end here: To use public or philanthropic funds more effectively and mobilize private investment to achieve the Sustainable Development Goals (SDGs) needs curiosity, dedication and practical tools that development agencies, public/ multilateral organizations and foundations can effectively put into practice.
In this first stage of the journey, we will map the territory, frame the environment, introduce you to the culture, hint to stumbling blocks and focus on a promising path: How to empower high-impact enterprises with market-based solutions to scale and deliver positive impact in a sustainable way – a bottom-up approach.
Smallholder farming households in sub-Saharan Africa, South and Southeast Asia and Latin America collectively require more than USD 240 billion in agriculture finance to optimize their farm operations. The last five years have seen an unmistakable acceleration in the number of providers engaging smallholder farmers through new products and service delivery models. From formal financial institutions to FinTechs and agribusinesses, private sector actors are shifting their perception of smallholders and the investment opportunity they present. Yet despite this progress, over USD 170 billion of this demand for smallholder agricultural finance goes unmet. The higher cost and risk of serving smallholder farmers means many providers often pursue higher return opportunities and continue to be reluctant to serve the world’s poorest farmers.
IDH Farmfit (“Farmfit”) and Mastercard Foundation Rural and Agricultural Finance Learning Lab (“The Learning Lab”) have joined forces to change this. Farmfit supports the development of viable business models delivering finance and other services to farmers. Through tailored business support and affordable and appropriately structured financial support, Farmfit helps providers identify and realize opportunities for innovation and scale-up. The Learning Lab, a thought leader in rural and agricultural finance, works closely with Farmfit to provide business support to financial service providers operating in sub-Saharan Africa.
IDH and The Learning Lab invite three very different organizations we have worked with – ECOM, Syngenta and Tulaa – to share key insights on (1) how and why they are engaging with smallholders today, (2) what challenges have they encountered in this journey and, (3) what financial and impact returns have they seen to date.
- Financial institutions serving or looking to serve smallholder farmers (e.g., commercial banks, microfinance institutions, fin techs)
- Agribusinesses serving smallholder farmers and interested on providing financial services (in house or in partnership with financial institutions (e.g., input providers, traders, processors)
- Funds, including commercial and impact investors and donors
Behind each app is a global workforce of flexible workers, of which many are on low-incomes. Gig work has opened up opportunities for workers to make money, have side hustles, and build new digital livelihoods.
But the new online jobs markets and commerce platforms, and the startups and tech companies that run them, come with new rules around wages, benefits, and even safety. So, can a gig worker actually make it to the top and earn a higher income with greater stability than before? Or, is it a race to the bottom in a cycle of low-wage and low-skilled digital “piece work”? When we imagine gig workers trying to make it in the US, or in global growth markets such as East Africa or Southeast Asia, is the gig economy a viable path to a meaningful and prosperous future of work?
Join BFA and Quartz for an evening of insights, discussion, and networking with BFA CEO, Amolo Ng’weno, and Quartz Africa editor, Yinka Adegoke, and Olga Morawcynski, Senior Program Manager, Inclusive Digital Economies in Africa, Mastercard Foundation on Thursday, December 5th, from 5:30pm to 9:00pm. Guests will get a preview of our special podcast series by BFA and Quartz about digital platforms, e-commerce, and the future of work.
As BFA concludes its FIBR four-year action research program on accelerating digital and financial inclusion in East and West Africa, we ask ourselves:
- Have superplatforms advanced financial inclusion? This was the hypothesis of our 2017 Inclusive Digital Ecosystems White Paper.
- Have platforms done more for development than just increasing the financial services on offer, such as unlocking productivity and livelihoods in Africa?
- If we believe platforms have a generative effect in the digital economy, how do we ensure platforms, little and big, local and global, continue to create and sustain generative value propositions for iWorkers: digitally-connected workers with smartphones, including young people, growing entrepreneurs, and micro and small businesses?
Join BFA / FIBR for a lunch-and-learn on Wednesday, December 3 at CGAP offices at from 12pm to 1:30pm.
Topics we will cover:
- Two years later, superplatforms continue to advance financial inclusion despite some increased scrutiny and decline in trust in BigTech.
- Superplatforms continue to organize and pull consumers into digital ecosystems. In Africa, BigTech superplatforms have not landed ashore but local superplatform-like players (Jumia and Cellulant) are growing market share.
- Superplatforms are generative, which is a driver for pulling in consumers into digital ecosystems and and an incentive for workers seeking a source of income.
- iWorkers are a future class of workers along the spectrum of informal-formal work, which policymakers can encourage by supporting progressive formalization.
This side event is on September 30 before the AFRACA International Conference on Best Practices in Rural and Agricultural Finance Oct 1-3.
Hosted by MEDA INNOVATE, this side event showcases lessons and partner journeys to learn, test and document the experience of how non-traditional finance can support smallholder producers to uptake agricultural innovations and technologies in Kenya and Rwanda. The side event also aims to stimulate dialogue and discussion around the MEDA INNOVATE learning agenda on relevant themes and topics for the region with special focus on non-traditional financing models, gender and women economic empowerment.
Speakers include Calvin Miller and INNOVATE partners Bidhaa Sasa, Dodore Kenya Ltd., and World Relief Rwanda.
ONE WORLD’s fourth annual Innovations in Corporate Social Impact program will focus on how organizations are solving their business challenges by partnering with social enterprise start-ups.
Companies of all types are taking a fresh look at the broader impact of their work- how their employees, customers, and their communities are impacted by what and how they produce. While increasingly desirable for leaders to make sure their company has a positive societal impact, it is not often clear how that is done at scale, especially in a way that supports the business goals and financial targets.
Impact.Engineered is a forum recognizing and celebrating the engineering profession’s commitment and contributions to social and environmental innovation. This unique event convenes our global network of pragmatic optimists including engineers, designers, entrepreneurs, investors, academics and disruptors to explore their shared ambition to making a positive impact and figuring out how. Join us!
It is with pleasure that we announce the 4th edition of the Back to Boulder: Enhancing Strategic Relevance in Microfinance (B2B) program with a special track dedicated to digital financial services designed for C-Suite level executives and board members of financial service providers which will be held from December 2-6, 2019 in Washington, D.C., USA.
The field of financial inclusion currently faces a contradiction in many markets: clients remain unbanked while certain market pockets have become oversaturated and highly challenging. Our new Back to Boulder: Enhancing Strategic Relevance in Microfinance program brings together leaders from within and outside of the microfinance community, as well as international experts in leadership and change management, to provide participants with practical tools, cases and experiences in the areas of:
- Risk Governance: Developing strategic responses to risk and crisis in order to protect the resiliency of your institution.
- Enhanced Competitiveness: In these times of increased competition for clients’ wallets that comes from new delivery channels and disruptive innovators, we explore how to attract, keep and deepen relationships with clients.
- Digital Financial Services: What questions do directors need to ask as their teams develop and embark on digital strategies? Guided by innovators and specialists, explore both successful and failed cases while learning how to identify key factors.
Through 32 academic hours, participants learn from over 15 renowned experts from within and outside of the microfinance community. Morning and afternoon plenary sessions provide insights into the complex nature of change leadership and explore how to remain pertinent given current market forces.