Familiarize Luxembourg public with the news of financial inclusion sector
Area of intervention
Banque de Luxembourg, InFiNe.lu, BRS
Some key figures since its creation in 2006
34 events, 49 speakers from around the world, 28 associate partners and sponsors
"Midis de la microfinance et de l'inclusion financière" are conferences that are held in Luxembourg and that are dedicated to the issues of and changes in the financial inclusion industry. Microfinance, or inclusive finance, encompasses a wide range of financial products and services including savings, credit, insurance, remittances, payments, but also non-financial services set up to fight against the banking and financial exclusion of low income populations.
35th Midi de la microfinance et de l'inclusion financière
Over a period of ten years, investments in microfinance have increased from a few million dollars to over 10 billion dollars’ worth of assets managed by the private sector. It has to be said that the financial markets are currently being disrupted by an abundance of liquidity, which is reducing bond yields. In this context, investing in microfinance becomes particularly attractive since Microfinance Investment Vehicles (MIV) provide a decent return and, in particular, represent added social value. Today, more than 40% of investments in MFIs are made through MIVs. In Luxembourg alone there are more than 40 different MIVs, which represents close to 50% of all microfinance assets!
The speakers at 35th Midi (Lunchtime Conference): Kaspar Wansleben, from the Luxembourg Microfinance and Development Fund and Martin Heimes, from ResponsAbility, one of the leading microfinance funds, have presented the current market trends, including the challenges to be overcome and the opportunities to be seized.
The debate was moderated by Arnaud Gillin from Innpact, and concluded by Sarah Canetti from ADA.
The 35th edition of the Midi de la microfinance et de l’inclusion financière was organized with the support of the Directorate for Development Cooperation and Humanitarian Affairs, the InFiNe.lu network, and in collaboration with the Banque de Luxembourg.
The “Midis de la microfinance” are jointly organised by ADA, the Banque de Luxembourg, and BRS. They are supported by the Luxembourg Directorate for Development Cooperation and Humanitarian Affairs and InFiNe.lu. The conferences are held during lunch breaks, between 12 and 2 pm. Their agenda includes the presentation by an inclusive-finance expert of a study or a practical case, which is followed by a Question and Answer session and buffet lunch.
Anyone interested in current events in inclusive finance is free to attend. Participation is free of charge yet registration is compulsory. If you wish to be invited to the next Midi de la microfinance, please send us your contact details.