" Cracking the Financial Markets" , Accion International and Credit Suisse
In March of 2007, I participated in the Conference " Cracking the Financial Markets " organized by Accion International and Credit Suisse in New York City.
The conference brought together the who-is-who in Micro-Finance and discussed the various financial instruments that have been used or are under development to maintain the flow of funds into the Micro Finance Sector. For me as a relative newcomer in Micro Finance it was interesting to hear the discussions about the use of securitization mechanisms to commercialize existing loan portfolios in the financial markets. The strategies ,experiences and successes of investment funds that invest in micro-finance organizations all over the world were also actively exchanged.
It was fascinating to see that investments in micro loan portfolios have a tendency to lower the overall risk profile of conventional investment portfolios.
One of the quotes used at the conference stuck with me :
" The Grameen Bank in Bangladesh makes the Poor creditworthy, organizations like Accion International make Micro-Finance Investment worthy "
The conference brought together the who-is-who in Micro-Finance and discussed the various financial instruments that have been used or are under development to maintain the flow of funds into the Micro Finance Sector. For me as a relative newcomer in Micro Finance it was interesting to hear the discussions about the use of securitization mechanisms to commercialize existing loan portfolios in the financial markets. The strategies ,experiences and successes of investment funds that invest in micro-finance organizations all over the world were also actively exchanged.
It was fascinating to see that investments in micro loan portfolios have a tendency to lower the overall risk profile of conventional investment portfolios.
One of the quotes used at the conference stuck with me :
" The Grameen Bank in Bangladesh makes the Poor creditworthy, organizations like Accion International make Micro-Finance Investment worthy "
posted by Titus at 4:55 PM
2 Comments:
Hello Titus,
I am enjoying reading about your different projects, especially the stories about the people whose lives are changing so rapidly. It will be interesting to see how microfinancing gets paired with solar panel acquisitions in rural villages...if that's part of the vision. I truly applaud your efforts. Please keep blogging!
~Bonnie Blackburn
Hello Titus,
I am enjoying reading about your different projects, especially the stories about the people whose lives are changing so rapidly. It will be interesting to see how microfinancing gets paired with solar installation acquisitions in rural villages...if that's part of the vision. I truly applaud your efforts. Please keep blogging!
~Bonnie Blackburn
Post a Comment
<< Home