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> Posted by Jeffrey Riecke, Communications Associate, CFI
As you’re here on the CFI Blog, you’re likely familiar with microfinance. But was this the case back when you were in school? It’s April, which means we’re amidst the Month of Microfinance (MoMF), a student-led movement spotlighting microfinance and bridging the gap between students and the sector. This year’s MoMF spans activities engaging students, MFIs, and key industry players, including Kiva, the SEEP Network, and Truelift, supporting access to quality financial services for all and engaging the next generation of microfinance professionals.
Microfinance is increasingly taught in schools, but not everyone has access to a course. The Month of Microfinance offers students a platform to learn about the industry and in turn easily spread the word through their networks. For students looking to organize activities on campus, the MoMF team provides the resources to screen a movie, set-up informative displays, organize fundraisers, and spearhead guest speaker events. A number of MoMF contests conducive to online media conversation are underway. Kiva U, Citi Microfinance, and AboutMicrofinance are hosting a student video competition and an essay competition prompting participants to explore the topics of poverty alleviation, profit management, technology innovation, and gender equality.
> Posted by Alyssa Passarelli, Communications and Operations Assistant, the Smart Campaign
Technical assistance providers work every day with microfinance institutions to help them improve their operations. These interactions could be excellent opportunities to integrate the Client Protection Principles into operations. The Smart Campaign would like to connect with technical assistance providers who support client protection and work together with them.
In collaboration with The SEEP Network, the Smart Campaign is conducting a one day client protection training on November 4 specifically for specialists in technical assistance that work with MFIs and financial service providers. Technical assistance providers give consultative guidance to institutions to help them grow, become more efficient, and improve policies, practices, and performance. This is the Campaign’s first initiative to exclusively target this business area. Guiding these technical assistance providers on how to enhance their work as it relates to client protection will help them strengthen their impact and position this part of the industry to support positive practices.
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