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Enhancing Rural Finance through AFRACA's Microfinance Forum

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6 diapositives · 184 Views · Jul 14, 2014

The African Rural and Agricultural Credit Association (AFRACA) aims to improve the rural finance environment by promoting effective policy frameworks and supporting member institutions in delivering sustainable financial services to rural populations. The upcoming 5th Microfinance Forum focuses on optimizing financial service delivery in rural areas, where access is still limited. Participants will engage in knowledge sharing, connect with industry experts, and explore innovative solutions in microfinance to reduce poverty and enhance service delivery for Africa's rural communities.

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  1. AFRACA Background Membership (Banks, MFIs, MF Networks, research institutions, government ministries) Mission Improve the rural finance environment through the promotion of appropriate policy framework and to support member institutions to provide sustainable quality financial services to the rural population

  2. AFRACA FORUMS • Agribanks forum • Central Banks Forum • Sub regional workshops • Microfinance forum

  3. Why MFF • The Microfinance forum was created specifically to enable; • Members of AFRACA & other stakeholders involved or interested in microfinance services to come together and exchange experiences and learn new approaches to offering financial services. • Result: Replication, modification of strategies… improved service delivery • AFRACA to realize its objectives as such its mission

  4. 5th AFRACA Microfinance Forum Theme Optimizing financial service delivery to the rural areas Why this theme? • Majority of the African population still does not have access to financial services • Microfinance has high potential for poverty reduction

  5. Objectives of the 5th Microfinance forum • Improve knowledge and understanding of microfinance as an industry • Share experiences on how microfinance service delivery could be enhanced to better serve rural populations in Africa • Showcase innovations and cutting edge technologies in microfinance • Avail an opportunity to participants to network, establish new contacts and extend knowledge exchange and expertise

  6. Merci