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Policy Primer in Microfinance: What Have We Learned?

 Module 3

Microfinance and Sustainability:
Why Does Sustainability Matter?
Thursday, December 14, 2000
8:00 am–12:00 pm EST

Objectives | Agenda | Presentations |
Speakers´ Bios | Suggested Readings


Objectives
Examines what is the importance of sustainability for the development of the industry and the sake of the clients. Presents global experiences of institutions that became sustainable and the process they went through. The second part of the session will address the status of institutions approaching or working toward sustainability in the Africa region.

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Presentations | Speakers´ Bios | Suggested Readings


Agenda

Moderator
Carlos Cuevas
, World Bank

Speakers
Richard Rosenberg, CGAP
Roland Pearson, AFCAP

Practitioners
Ken Appenteng, Sinapi Aba Trust, Ghana
Samuel Asare, Sinapi Aba Trust, Ghana
Aleke Dondo, K-Rep, Kenya

9:00 am

Welcome
Laurence Hart

9:05 am

Introduction of the topic and of the presenters
Carlos Cuevas

9:10 am

Introduction to Operational and Financial Sustainability—Global Perspective
Richard Rosenberg

9:30 am

Institutional capacity building and steps to achieve sustainability—Regional prospective
Roland Pearson

9:45 am

Break: Each site to discuss and prepare 2 questions.

9:55 am 

Q & A

10:25 am

Introduction of field practitioners

10:30 am

Strategies and aspirations to reach financial sustainability: SAT’s experience

10:45 am

K-Rep’s experience in achieving operational and financial sustainability
Aleke Dondo

11:00 am

Break: Each site to discuss and prepare 2 questions.

11:10 am

Q & As: Each site to ask 2 questions.

11:40 am

Wrap up
Carlos Cuevas

11:50 am

Thank you and reminder of topic to be presented the next session
Laurence Hart


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Presentations

Sustainability: Is it really that important?
Richard Rosenberg, CGAP

An Overview of Specific Challenges to Achieve Sustainability that Face MFIs in Eastern and Southern Africa
Roland Pearson, AFCAP

Sinapi Aba Trust's Experience—Ghana
Ken Appenteng

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Speakers´ Bios

Roland V. Pearson, Jr. is the Programme Director for the Microfinance Capacity Building Programme in Africa (AFCAP). In that position, he is responsible for the overall performance and management of the programme, and leads the Market Development and Knowledge Management functions of AFCAP. Immediately prior to taking on his role at AFCAP in January 2000, Mr. Pearson had led Ebony Consulting International (Pty) Ltd. (ECI) in South Africa, as its Executive Director, since the company’s inception in 1994. He played a pivotal role in the negotiation of a pioneering relationship and shareholders agreement between a US-based firm, and a small, black South African company. Mr. Pearson then led the growth of ECI from inception to a leading economic development consulting company, leaving it with sustained profitability and twelve professional staff.
        His professional career spans more than seventeen years of practical work experience in commercial banking, microfinance, and community development. In the microfinance field, Mr. Pearson has worked with a wide array of public and private local and international organisations in more than twenty African countries, including all of those in AFCAP’s eastern and southern African region, and has held key positions in initiating and guiding some of the region’s newest and most innovative programmes. Mr. Pearson’s specialisations in the microfinance field include design and implementation of microfinance programmes for commercial banks and development finance institutions; financial analysis; organisational development; training; monitoring and evaluation; research and development of new financial service products for poor communities; and product and institutional development for the low-income housing finance market. He holds advanced academic and professional qualifications in development economics; corporate and international finance; cash management; and macro and microeconomics.

Richard Rosenberg is a Senior Advisor at CGAP, a consortium of 27 microfinance donor agencies. After taking his law degree at Harvard, he practiced law in Chicago, and did investment management in Washington. In 1983 he turned to honest work, joining the United States Agency for International Development, where he specialized in issues of development finance in Latin America and elsewhere.  He has worked with two dozen microfinance institutions, as funder or consultant. He is a core faculty member of the annual Microfinance Training at the Economics Institute in Boulder, Colorado. At CGAP, he has been an author or co-author of several technical publications, including a format for appraising microfinance institutions, an audit handbook, and publications on interest rates and delinquency measurement.

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Suggested Readings

Microcredit Interest Rates
Occasional Paper No. 1, August 1996

Those Who Leave and Those Who Don´t Join: Insights from East African Microfinance Institutions

Raising the Curtain on the "Microfinancial Services Era"
CGAP Focus Notes No. 15

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Agenda

Registration & Location

Contact
Laurence Hart
lhart@worldbank.org
Tel: 202-458-5818
Fax: 202-676-9874
1818 H. Street, NW
Washington, D.C. 20443
USA