November 2004 | Issue No. 1
Access Finance




In this Issue

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Welcome

The Remittances Boom

The Beijing Conference




ACCESS TO FINANCIAL SERVICES

CREDIT INFORMATION

PAYMENT SYSTEMS

REMITTANCES




Access To Financial Services

Recent Publications

Microfinance Regulation - Lessons from Benin, Ghana and Tanzania
This article identifies key issues and lessons about how the overall regulatory framework affects the ability of microfinance institutions (MFIs) to become more market-oriented and integrated with the financial system.  The World Bank, October 2004. 
http://www.worldbank.org/afr/findings/english/find243.pdf

The Scaling-Up of Microfinance in Bangladesh:  Determinants, Impact, and Lessons
This paper describes the factors that led to the scaling-up of microcredit in Bangladesh, the impact this has had on the poor, future challenges in Bangladesh and possible lessons for other countries.  World Bank Policy Research Working Paper, by Hassan Zaman.  September 2004.  http://finsec.worldbank.org/assets/images/BangladeshMicrofinance.pdf

Microfinance in Africa: Experience and Lessons from Selected African Countries
The paper supports the view that microfinance institutions, complement effectively the banking sector in extending financial services and successfully draw on the rich experience of community-based development and preexisting informal methods of financial intermediation in Africa.  IMF Working Paper, by Anupam Basu, Rodolphe Blavy, Murat Yulek.  September 2004.  http://finsec.worldbank.org/assets/images/AfricaMicrofinance.pdf

Principle and Practices for Regulating and Supervising Microfinance
This publication is aimed at bank supervisory authorities interested in or charged with developing a regulatory and supervisory framework for microfinance.  Inter-American Development Bank, by Tor Jansson, Ramón Rosales, Glenn Westley.  September 2004. http://www.iadb.org/sds/doc/principlenpract.pdf

Financial Sector Development:  A Pre-Requisite for Growth and Poverty Reduction?
New DFID research indicates that the unmet demand for financial services cannot be addressed by microfinance alone.  It explains why the financial sector is so important to growth and poverty reduction, what the policy implications are, and why microfinance is not enough.  Department for International Development (DFID), June 2004.  http://www.dfid.gov.uk/pubs/files/fsdbriefingnote.pdf

Role of Microfinance in the Household Reconstruction Process in Bosnia and Herzegovina
This note presents summary of findings from the study conducted within Imp-Act project2 on the role of micro-enterprise lending in the household reconstruction process during 1996-2002 in Bosnia and Herzegovina.  By Michal Matul and Caroline Tsilikounas.  January 2004.  http://www.ids.ac.uk/impact/Publications/PartnerPublications/MFC_SN6.pdf

Events

Upcoming Events

Conferences on Basel II for SMEs: The future of access to finance for SMEs
A series of 60 conferences to help SMEs understand the impact of Basle II rules on the financial environment and take appropriate actions.  September 2004 to July 2005.
Conference Calendar:  http://www.sme-basel2.com/index.php?id=153

The cornerstone of the MicroFinance Network
Annual conference attended by the Executive Directors of many of the most advanced microfinance institutions in the world, the conference is a learning opportunity for participants. 
Arusha, Tanzania on November 8-12, 2004http://www.bellanet.org/partners/mfn/

Savings & Loans Cooperatives - Best Practices
This Conference will present an empirical perspective of the cooperative sector.  Experimented professionals from the Financial Institutions' administration will focus on key issues, trends, and best practices in the cooperative sector.  Organized by WOCCU(World Council of Credit Unions) and DGRV(German Co-operative and Raiffeisen Confederation).
Mexico, November 18-19, 2004.  http://www.dgrv.org/publish/docs2/Invitacion090904rev.pdf

ILO Offering 2-week Course on Managing BDS Providers for Increased Impact
Course to improve the effectiveness of enterprise development organizations providing business development services (BDS) to micro, small and medium enterprises.Arusha, Tanzania, on December 6–17, 2004.  http://intranet.itcilo.it/Calendar/Courses.nsf/CourseListNew?OpenForm&Region=Inter-regional&Area=Enterprise*Development

Recent Events

Seminar: Promising Practices in Rural Finance
Share findings of a research project on emerging best practices in the delivery of rural financial services in six Latin American and Caribbean countries: Bolivia, Chile, Costa Rica, El Salvador, Jamaica, and Peru.  Inter-American Development Bank, Washington DC, October 2004.
http://www.iadb.org/sds/mic/publication/publication_159_1595_e.htm

Newsletters & Periodicals

ADB Finance For The Poor – Commercial Microfinance:  The Right Choice for Everyone?
To improve access to vital information on microfinance, ADB publishes a quarterly newsletter Finance for the Poor.
http://www.adb.org/Documents/Periodicals/Microfinance/finance-200453.pdf

Assortis
Microfinance Focus provides a monthly newsletter with a selection of key developments in microfinance (reports, news, articles, books, events, links) available on the web.
http://www.assortis.com/newsletter/mcf/issue11.htm

CEREM Newsbrief
Newsletter of recent and forthcoming events, trends, training sessions and publications in the microfinance sector.  CEREM is published by Appui Au Developpement Autonome (ADA) a member of the Microinsurance Working Group, initiated by CGAP.
http://www.microfinance.lu/comas/media/newsbrief_sep_en.pdf

Credit Union World
The source for international credit union information from WOCCU.
http://www.woccu.org/pubs/cu_world/splash.php

Development – DID – Desjardins
Bi-monthly online bulletin published by Development international Desjardins.  News about microfinance.  http://www.did.qc.ca/ang/information/bulletins.html

Fédération Nationale des associations de Microcredit
This quarterly newsletter relates the facts, achievements and innovations accomplished in the field of microcredit.  It is published by Federation Nationale des Associations de Microcredit au Maroc (FNAM).  http://www.fnam.ma/rubrique.php3?id_rubrique=2

Grameen Dialogue
Newsletter published by The Grameen Trust, Bangladesh.  Created to promote awareness and action for the elimination of poverty.  http://www.grameen-info.org/dialogue/index.html

The MicroBanking Bulletin
Benchmarking source for the microfinance industry used by investors, donors and other service providers to facilitate greater standardization and a better understanding of the development of the microfinance sector.  http://www.mixmbb.org/en/index.html

The Microfinance Centre for Central and Eastern Europe offers a semi-annual publication on current microfinance issues in Central and Eastern Europe.
http://www.mfc.org.pl/index.php?section=NET&page=MFC%20Newsletter

Useful Links

CGAP - Building Financial System For The Poor
CGAP is a consortium of 28 public and private development agencies working together to expand access to financial services for the poor in developing countries. http://www.cgap.org/

Development Gateway
Development Gateway focus on the discussion on the provision of the financial services to entrepreneurs and micro business in developing countries.  http://topics.developmentgateway.org/microfinance

DGRV - Deutscher Genossenschafts- und Raiffeisenverband e.V. (German Co-operative and Raiffeisen Confederation)
The national apex organization of the German co-operative sector.  Experience in building and supporting cooperative systems in many East European Countries and CIS and now Latin America, Africa and Asia.  http://www.dgrv.org/publish/article_151.html

Global Development Research Center - Virtual Library on Microcredit
Articles and links to the principle organizations active in the field of microfinance. http://gdrc.org/icm/index.html

Imp-Act
Imp-Act is a Global action-research program designed to improve the quality of microfinance services and their impact on poverty by developing impact assessment systems.  http://www.imp-act.org/

Micro-Credit Ratings International Ltd (M-CRIL)
Pioneered the rating of microfinance institutions in Asia. Established to facilitate the flow of commercial funds into microfinance through a variety of financial instruments.
http://www.m-cril.com/mcril.htm

Microfinance Centre for Central and Eastern Europe and the New Independent States (MFC)
Support existing and future microfinance institutions in CEE and the NIS in their efforts to alleviate poverty, create employment, and privatize the economy through the evelopment of microenterprises and self-employment. http://www.mfc.org.pl/

Microfinance Gateway
Information for and about the microfinance industry. It includes research and publications, specialized resource centers, organization and consultant profiles, and the latest news, events, and job opportunities in microfinance.
http://www.microfinancegateway.org

PlanetFinance
The mission of Planet Finance is to support microfinance programs in countries with operations of Planet Finance.  http://www.planetfinance.org/PlaNetFinance/PagePortail/index.htm

The Banking with the Poor Network
Network of some 20 national policy institutions, commercial banks and NGOs from countries in Asia.  Its objective is to link microfinance with the financial system.  http://www.bwtp.org/

The Microfinance Information eXchange (MIX)
The MIX aims to promote information exchange in the microfinance industry.  The MIX Market strives to facilitate exchange and investments flows, promote transparency and improve reporting standards in the microfinance industry.  http://www.mixmarket.org/en/home_page.asp

The MicroFinance Network
The MicroFinance Network (MFN) is a global association of leading microfinance institutions committed to improving the quality of life of the poor through the provision of credit, savings, and other financial services. http://www.bellanet.org/partners/mfn/

World Council of Credit Unions (WOCCU)
As a worldwide representative organization, World Council of Credit Unions, Inc. (WOCCU) is the world's leading advocate, platform for knowledge exchange and development agency for credit unions. http://www.woccu.org/