Microfinance Focus, November 2, 2011: The Americas Society/Council of the Americas will be hosting its fifth annual microfinance program entitled “Innovation in Latin America: New Technologies for Financial Inclusion” on November 30, 2011 in New York.

The event will be organized in collaboration with the Multilateral Investment Fund (FOMIN), which has launched the New Technologies for Financial Inclusion project with the Inter-American Development Bank and the Corporación Andina de Fomento.

Fermín Vivanco from the Financial Access Unit of FOMIN, who is also one of the directors of the New Technologies for Financial Inclusion project and Camilla Nestor, Vice President of Microfinance from the Grameen Foundation will be speaking during the program.

As 60 percent of the population in Latin America and the Caribbean remain without formal access to banks, technology and innovation are critical to broadening the impact and efficiency of financial service providers and sustaining the growth of existing portfolios.

This panel will bring together leading executives from the private sector and prominent technology and financial service experts in Latin America to analyze the various models that are catapulting microfinance into the technological era.