ACCESS Services to host Global Microfinance India Summit 2010 in New Delhi

Microfinance Focus, June 10, 2010: The Global Microfinance India Summit 2010, an ACCESS Development Services initiative, will be held on November 15-16, 2010 at Hotel Ashok, New Delhi. Given the growing commercialization of the sector and its impact on the future evolution of the sector, the over-arching theme for this year’s Summit is “Mission of Microfinance – Need to Reflect and Reaffirm”. The Summit sessions will focus on current trends and issues relating to transparency, social performance, commercialization of the sector, client protection and responsible finance, among others.

Microfinance India State of the Sector Report 2010 will also be released as a Summit publication on the occasion. This report, over the last four years, has become the most credible reference document on Indian microfinance. Over the years, the Summit has emerged to become among the most important sector platforms globally on Indian microfinance, bringing together thought leaders to delve into and debate key current issues in the sector.

The Summit also provides an avenue to learn about international trends and best practices for adaptation by the Indian community of practitioners. Policy makers, practitioners, promoters, academics, researchers and thought leaders share their experiences on various panels, and about 1000 delegates from both within and outside the country participate in the Summit. It bridges the unnecessary hiatus between models and methodologies and helps to build consensus on the critical challenges and issues. In the past, the Summit themes have helped in focusing on key issues including “Inclusion, Innovation and Impact” (2005), “Urban Microfinance” (2006), “Formal Financial Institutions – the challenges of depth and breadth” (2007), “The Poor First” (2008) and “Doing good and doing well- The need for balance” (2009).

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