This year's Micro No More Stakeholders Conference is a renaissance of sorts, a rebirth of the fundamentals of microfinance even as we strive to bring our partner-MFIs and the MSMEntrepreneurs to new levels of empowerment and self-sustainability. One will always be eager to go into mobile banking, but the fundamentals of sound liquidity management need to be in place, always. Another will want to venture into sustainable development using renewable energy to power up micro-enterprises, but the basics of savings-credit-investment mix must not be forgotten. Expansion of territories through ATM networking is a nice dream, but are systems and procedures in place to adopt to the demands of branching?
As we try to explore new territories, this year we encourage our PFIs and their MSME clients to revisit the fundamentals of strengthening themselves, their clients, to be able to go about the novelty that is not without its challenges or even pitfalls.
Sunday, September 13, 2009
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