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Asia Microfinance Forum, sponsored by the Citigroup, was held in
Tianlun Dynasty Hotel from March 21 to 24, 2006. The forum was coorganized
by the Banking with the Poor (BWTP) Network, the Foundation for
Development Cooperation (FDC), Research Bureau of People's Bank
of China and China Association of Microfinance. The theme of forum
is "Partnerships and Innovations: Increasing the Impact of Microfinance
in Asia".About three hundred representatives from more than twenty
countries and regions in Asia participated in this forum. UNDP,
Ford Foundation, GTA and IFAD also co-sponsored the event. CICETE
provided part of the logistic service for the forum.
The three-day forum covered almost all the aspects of Microfinance
development. Participants from various organizations expressed their
ideas, and had a talk and discussion in depth. Four topics were
discussed through plenary panel and group discussion: First, the
new business partnership models for microfinance outreach. Group
discussion on this topic referred to the themes: increasing outreach
and sustainability of microfinance through ICT, deepening outreach
of financial services to the poorest, successful multi-stakeholder
partnerships in microfinance, innovative rural finance approaches
to serve the poor etc.; Second, partnerships for access to capital
and products. Group discussion's focused on: investors and donors
on rating/assessment, the role of central banks in the promotion
of microfinance, and a workshop hosted by the People's Bank of China
in association with GTZ; Third, creating an enabling environment
for microfinance. Group discussion referred to the regulations regarding
access to capital, policies and regulations to expand electronic
banking for the poor, importance of transparency for microfinance
development; Forth, the future of the microfinance industry in Asia
and so on.
Senior officials of the People's Bank of China attended the forum
and explained China's new policy on microfinance development. They
are supportive not only on commercialized microfinance but also
non-profit microfinance organizations.
The forum has come out a good result, which not only brought in
lots fresh information to China, but also promotes the cooperation
in the field of microfinance in Asia.
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