How Is COVID-19 Impacting the Sustainability of Microfinance Institutions?

Webinar

05 August 2020 9:00 am - 10:30 am EDT
This event has concluded.

How is COVID-19 impacting MFIs' portfolio quality? Are microfinance institutions (MFIs) facing a liquidity crisis? Is the solvency of institutions at risk? Launched on June 1, 2020, CGAP's Global Pulse Survey of Microfinance Institutions (MFIs) is the first survey that aims to capture a full picture of how the crisis is evolving at the global, regional, and national levels.

In this webinar, CGAP presented findings from the survey and explore the answers to these questions. Joining us to discuss the implications of the findings was a panel of experts from a development finance institution, a microfinance institution, and a microfinance investment vehicle.

Resources

Presentation Slides >>

Information and Registration Page: CGAP Global Pulse Survey of Microfinance Institutions >>

Blog Series: Ongoing Analysis of the Global Pulse Survey >>

Results Dashboard: Interactive Charts for Exploring Survey Data >> 

Presenters

Peter Zetterli

Peter Zetterli | Senior Financial Sector Specialist, CGAP

Peter Zetterli is a senior financial sector specialist and team lead for CGAP’s initiative on the business model implications of cutting-edge technological change. Currently, he is part of a team at CGAP that is working to support the microfinance sector during the COVID-19 pandemic, serving as team lead for the CGAP Global Pulse Survey of Microfinance Institutions.

Alexander Sotiriou

Alexander Sotiriou | Senior Financial Sector Specialist, CGAP

Alexander Sotiriou works across a range of issues at CGAP, including micro and small enterprise (MSE) finance and the linkages between financial services, improved livelihoods, and access to basic services. He joined CGAP from MicroVest, where he was the investment manager for Latin America.


Panelists

Momina Aijazuddin

Momina Aijazuddin | Global Head of Microfinance and Financial Inclusion, IFC

Momina Aijazuddin is the global head of microfinance and financial inclusion at the International Finance Corporation (IFC). Her role covers both the investment and advisory sides of IFC’s business, which has included over $6 billion in cumulative global investments across more than 300 MFIs and over 60 advisory projects across more than 30 countries. Beyond the IFC, Momina has been a key player in advancing financial inclusion through numerous global initiatives, including the Responsible Finance Forum, The G20 Digital Finance Inclusion Principles, and the World Bank Group’s Universal Access initiative.

Andree Simon

Andrée Simon | President and CEO, FINCA Impact Finance

Andrée Simon is the president and CEO of FINCA Impact Finance (FIF), a global network of microfinance banks and institutions serving over 2 million women and men in 20 countries around the world. Beyond her current role, Andrée is a leading thinker and advocate in the field responsible financial services. She was named one of the Top 100 Fintech for SDG influencers by LATTICE80 and has written extensively on the topic, including for Euromoney and the Financial Times.

Jerome Savelli

Jérôme Savelli | Chief Risk Officer, Symbiotics

Jérôme Savelli is the chief risk officer at Symbiotics, a leading impact investing platform responsible for investing over $5.5 billion in frontier markets since its founding in 2005. Before joining Symbiotics in 2006, Jérôme held positions in Deloitte & Touche, Société Générale Investment Banking, and Initiative Development Ghana.