During Financial Inclusion Week 2018, hosted from October 29 – November 2, 2018, over 160 partners engaged thousands of participants through 50 industry events and tens of thousands of actors were engaged through blogs and social media posts with the theme Getting Inclusion Right. The FIW community celebrated the progress made towards greater global financial inclusion, unpacked the opportunities and challenges of the present, and looked ahead to the future.
We are thankful for our partners, as well as our sponsors and supporters, who have made FIW possible.
Revisit some highlights from the week’s conversation below!
To kick off Financial Inclusion Week 2018, Tess Johnson, research associate at the Center for Financial Inclusion at Accion, sat down with CreditMantri co-founder Gowri Mukherjee for a conversation highlighting the fintech perspective on getting inclusion right. CreditMantri is a fintech company based in Chennai, India that aims to reinvent the credit landscape by giving consumers access to responsible and transparent credit.
For the second part of our Financial Inclusion Week 2018 podcast series, Tess Johnson, research associate at the Center for Financial Inclusion at Accion, sat down with Accion in the U.S. CEO Gina Harman for a conversation highlighting the domestic U.S. perspective on getting inclusion right. Accion in the U.S. collaborates with all four Accion U.S.-based lending organizations to reach entrepreneurs on the ground and online with the latest innovations in mission-based small business lending.
For the final part of our Financial Inclusion Week 2018 podcast series, Tess Johnson, research associate at the Center for Financial Inclusion at Accion, sat down with former CFI Fellow and Independent Consultant Alexis Beggs Olsen for a conversation highlighting a specific case study on getting inclusion right. This episode, based on our publication Uniting Tech and Touch: Why Centaur Products Are Better for Consumers and Providers – Evidence from Kenya, explores both some remaining obstacles and concrete solutions to getting effective human touch right in Kenya’s digital financial landscape.
Blogs and Other Partner Contributions
“Leveraging Social Capital to Expand Women’s Financial Opportunities” ― Rajitha Swaminathan, Grameen America
“Digital Engagement: The Missing Inclusion Link” ― Watch Ben Knelman, Juntos Co-Founder and CEO, and Marcello Goncalves, Minutrade VP of International Expansion and Institutional Relations, discuss how financial institutions can use new technology to transform their digital engagement strategies and influence positive financial behavior change.
“Why We Serve People with Disabilities: Lessons from Iraq” ― Elissa McCarter-Laborde, Vitas Group
“Getting Inclusion Right: What Will It Take?” ― Elisabeth Rhyne, Managing Director, the Center for Financial Inclusion at Accion
“Investigation FIW 2018” ― COOPERATIVE D'EPARGNE COOPEC BAGIRA (Democratic Republic of the Congo)
“The Hard Things about Financial Inclusion” (October 31, 2018) ― This webinar, hosted by the FiDA Partnership, featured a frank discussion of the global challenges facing mobile operators, financial institutions and fintechs when it comes to financial inclusion. Developing economies are informal and cash-based, often with no easy or systematic way of collecting, aggregating and disseminating financial data on these individuals. Caribou Digital, LenddoEFL & Juvo tackled many of the tough questions:
What’s are the biggest hurdles in the way of financial inclusion today?
How can we strike the balance between increasing financial access while reducing the inherent risks of digital lending?
How do you maintain privacy and security for alternative data?
What are the ethical implications when you bring AI/machine learning into the equation?
“Closing the Digital Divide: A Conversation with Thought Leaders” (October 31, 2018) ― Digital financial services come with the promise of deepening financial inclusion, but are they actually creating a new type of exclusion? This webinar, hosted by the Social Performance Task Force, takes a critical look at the widening “digital divide” and will provide initial ideas for providers who want to maintain their focus on responsible financial inclusion even as they join the digital revolution.
“Disruptive Technologies Advancing Financial Inclusion: A Virtual Dialogue between Boards & Investors” (October 30, 2018) ― This virtual dialogue provided an opportunity for alumni of the Africa Board Fellowship (ABF) and members of the Financial Inclusion Equity Council (FIEC) to discuss the role disruptive technologies play in advancing financial inclusion. This dialogue also provides opportunities for peer exchange on investment evaluation and which technology solutions have the potential to be the most disruptive.
“How to Make Funding More Accessible for MFBs and MFIs in Africa” (October 30, 2018) — In this one-hour webinar, Oradian presented its roadmap to funding for financial institutions to make the process clearer for MFBs and MFIs. Followed by the presentation, Oradian led a discussion featuring leaders of financial institutions in Africa and representatives of leading MIVs and impact investment funds.
Institute of International Finance (IIF)
International Labor Organization (ILO)
International Rescue Committee
Itad / The Mastercard Foundation Savings Learning Lab
Jersey Overseas Aid (JOA)
Jobs for the Future (JFF)
Karagwe Rural Development and Environmental Conservation Agency (KARUDECA)
KPMG East Africa
La Fayette Microfinance Bank Limited
Livelihood Empowerment Against Poverty (LEAP) Ghana
Marketing Infrastructure, Value Addition and Rural Finance Support Programme (MIVARF) (Tanzania)
Medina Islamic Finance
Microfinance Expansion Project
Microfinance Institutions Network (MFIN)
Microfinance Opportunities (MFO)
Millennium Challenge Corporation
Ministerio de Hacienda (MH) (Paraguay)
Ministry of Finance, Côte d’Ivoire
Montieth & Company
Neupane (United Kingdom and Nepal)
Nigeria Inter-Bank Settlement System (NIBSS) PLC
Nigeria Private Sector Alliance (NiPSA)
PCES (Process Crafting, Expert Services)
Phemyadigs Integrated Services (Nigeria)
RHIA Enterprises (Nigeria)
SACCO Amizero, Kinazi (Rwanda)
The SEEP Network
SOAS University of London
Social Performance Task Force (SPTF)
Strategic Support Systems
Superintendencia de Bancos de Guatemala
Superintendencia de Economía Popular y Solidaria (SEPS) (Ecuador)
TARA CONSULTING (Burkina Faso)
Universidad Autónoma de Madrid
University of Dundee
The University of Queensland, Australia
Upper Hand Giver Incorporation (Nigeria)
United States Digital Service
Vedicson Credit Farming Management Services (India)
WeTrust (Finclusion Labs)
Women Alliance of Business Associations in Zimbabwe (WABAZ)
Xi'an University of Technology
2030 Youth Force in the Philippines
Abdul Latif Jameel Poverty Action Lab (J-PAL)
Accenture Development Partnerships
Accounting Aid Society
Afghan Credit Guarantee Foundation (ACGF)
African Financial Agent
Appui au Développement Autonome (ADA)
Assam State Rural Livelihood Mission (ASRLM)
Association of Mobile Money Agents in Nigeria (AMMAN)
Bankable Frontier Associates
Bank of Tanzania
La Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO)
BASIX Sub-K iTransactions
Bayero University Kano (BUK)
Blueprint Pension Services
B-Quantum de Colombia
Buladde Financial Services - Buganda
CAF - Development Bank of Latin America
Central Bank of Nigeria (CBN)
Centre for Affordable Housing Finance in Africa
Centre for Excellence in Financial Inclusion (CEFI)
Center for Financial Services Innovation (CFSI)
ClearWater Accounting & Finance Co. (Nigeria)
Custom Credit Solutions LLC
Da Afghanistan Bank (Central Bank of Afghanistan)
DEPA SARL (Togo)
The Digital Financial Services Observatory at Columbia University (DFSO)
Education for Employment
EMLYON Business School
European Microfinance Platform
Finance Experts Cooperative Union Ltd. (Nigeria)
Finance First Botswana
Financial Inclusion Television International
Financial Sector Transformation Council (South Africa)
Fino Payments Bank
Fintech Association of Hong Kong
Fitsal Finance Multipurpose Cooperative Society Ltd.
FSD Mozambique (FSDMoç)
Bill & Melinda Gates Foundation
Ghana Interbank Payment and Settlement Systems Limited (GhIPSS)
Good Shepherd Microfinance
GSMA Mobile Money
HASAL Microfinance Bank Limited
Hong Kong University of Science and Technology
IDEA Consulting (United Arab Emirates)
International Center for Research on Women (ICRW)
Indian Institute of Management (IIM) Indore
IIML SIDBI Center for Innovations in Financial Inclusion (SCIFI)
Inclusive Finance Network Luxembourg (InFiNe.lu)
Indian Institute of Technology (IIT) Indore