Conference Documents

 

Plenary 1: State of Microfinance in the Arab World  

Plenary 2: Regulatory Environment 

Plenary 3: Investor/Donor Forum

Plenary 4: What Do We Need to Thrive? Developing Regional Action Plans

Workshop 1

    Moroccan Microfinance Industry: Case Study in Growth 

    Exploring Islamic Lending     

    MFI Sustainability: The Path Towards Commercialization

Workshop 2

    Credit Bureaus: Country and Regional Collaboration

    Utilizing Commercial Funds: Regional Experience

    MIX: Standards, Performance Monitoring and Benchmarking

 

  

Plenary 1: State of Microfinance in the Arab World

As the author of two World Bank studies on microfinance in MENA, Judith Brandsma reviewed the results of a regional study that analyzed the status of microfinance in the Arab World. Panelists talked about microfinance trends globally, and in their regions, identifying common challenges and lessons learned on the road of industry growth.

 

Ms. Judith Brandsma, Microfinance Consultant, The Netherlands

Mr. Blaine Stephens, Senior Analyst Microfinance Information eXchange (MIX), United States

Mr. Xavier Reille, Senior Microfinance Specialist/Industry Team Leader, Consultative Group to Assist the Poor (CGAP), United States

Mr. Grzegorz Galusek, Executive Director, Microfinance Centre of Central & Eastern Europe and the Newly Independent States, Poland

Mr. Kimanthi Mutua, Managing Director, K-Rep Bank, Kenya

Ms. Elisabeth Rhyne, Senior Vice President, ACCION International, United States
 

Handout

"Arab Benchmarking Report" by the Microfinance Information eXchange
 (MIX)

 

Plenary 2: Regulatory Environment

A regional panel discussed the regulatory environment affecting microfinance in their countries. Tim Lyman, co-author of CGAP’s recently published regulatory position paper, addressed the region’s regulatory landscape in relationship to CGAP’s approach to microfinance regulations.

   

Ms. Sahar Tieby, Consultant, Jordan

Mr. Nabil El-Shami, Executive Director, Alexandria Business Association, Egypt

Dr. M. Mustapha Bidouj, General Secretary,  Fondation Banque Populaire pour le Microcrédit, Morocco

Mr. Rafik Missaoui, Economic Expert, ALCOR, Tunisia

Mr. Timothy Lyman, President and Executive Director, Day, Berry & Howard Legal Foundation, United States

 

Plenary 3: Investor/Donor Forum

International investors and donors provided an overview of funding priorities in the region and criteria for selection.

   

Blue Orchard

SIDI

Citibank Jordan

European Commission

Triodos Bank

KfW Group

Grameen Foundation

USAID

Rockdale Foundation

AGFUND

 

Plenary 4: What Do We Need to Thrive? Developing Regional Action Plans

Participants divided into small groups and discussed stakeholder needs. SANABEL and other stakeholders captured these suggestions and developed action plans.

   

Training/Technical Assistance

Regulation

Research

Transparency/Benchmarking

 

Workshop 1

 

Moroccan Microfinance Industry:  Case Study in Growth

The Moroccan microfinance industry has experienced great success in a short period of time. What factors have driven its success? What challenges did it face during its rapid growth? Is Morocco’s success replicable? 

                       

Mr. Aziz Ben Maazouz, Executive Director, Fondation Zakoura, Morocco

Ms. Anna Gincherman, Relationship Manager, Eastern Europe and Middle East, Women’s World Banking, United States

 

Handout

"Evolution de I'Industrie de la Microfinance au Maroc" by Dr. M. Mustapha Bidouj

 

Exploring Islamic Lending     

Regional representatives discussed their experiences with Islamic lending. International representative presented an alternative model currently used in Sweden that could be adaptable within the guidelines of Islamic lending.

   

Dr. Mohammed N. Alam, Islamic Microfinance Consultant, Canada

Mr. Kais Aliriani, Head of Unit, Small and Micro Enterprise Development Unit, Social Fund for Development, Yemen

Mr. Magdy Moussa, Senior Manager and Finance Advisor, Environmental Quality International (EQI), Egypt

 

Handouts

"Micro Credit Through ‘Bai-Muajjal’ Mode of Islamic Banking Financing System" by Dr. Mohammed N. Alam

"JAK - an Interest- free Bank Owned by its Members" by Eva Stenius

 

MFI Sustainability: The Path Towards Commercialization

MFI executives discussed the challenges faced and overcome on the way to sustainability.

   

      Mr. Khaled Al-Gazawi, Executive Director, Jordan Micro Credit Company, Jordan   

      Ms. Essma Ben Hamida, Co-Director, Enda Inter-Arabe, Tunisia

      Mr. Hassan Faried, Executive Director, Dakalya Businessmen’s Association, Egypt

 

Workshop 2

 

Credit Bureaus: Country and Regional Collaboration

A regional panel explored the need for credit bureaus across the region and the anticipated challenges and benefits of launching such an initiative within a country. International experts shared success stories and lessons learned from their work.

 

Mr. Amer Klfeh, Information Technology Manager, Initiative for Sustainable and Accessible Microfinance Industry (ISAMI Project), Palestine

Mr. Hatem Tieby, Senior Program Advisor, USAID-funded AMIR Program, Jordan

Mr. Fouad Benjalloun, DAI, Morocco

Mr. Miguel Llenas, President and International Consultant, CBMM, Inc., Dominican Republic

 

Utilizing Commercial Funds: Regional Experience

This session provided an opportunity for participants to learn about commercial funding relationships in the region, including the most important issues to consider during the commercialization process.

 

Mr. Amr Hegazi, Financial Advisor, Environmental Quality International (EQI), Egypt

Ms. Nadia Laraj, Financial Relationships Manager, Association Al Amana, Morocco

Mr. Bassem Khanfar, General Manager, Microfund for Women, Jordan

 

MIX: Standards, Performance Monitoring and Benchmarking

This session discussed standards and performance monitoring for microfinance institutions with a focus on performance measures and comparative analysis.

   

Mr. Blaine Stephens, Senior Analyst Microfinance Information eXchange (MIX), United States

 

 

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