Amman Slides
-
Upload
divyafairoz -
Category
Documents
-
view
233 -
download
0
Transcript of Amman Slides
-
8/2/2019 Amman Slides
1/7
UNITED NATIONS CAPITAL DEVELOPMENT FUNDUNITED NATION
S CAPITAL DEVELOPMENT FUND Microfinance
Building Inclusive Financial Sectors:A Multistakeholder Dialogue
Amman, October 12, 2004
-
8/2/2019 Amman Slides
2/7
UNITED NATIONS CAPITAL DEVELOPMENT FUNDUNITED NATION
S CAPITAL DEVELOPMENT FUND Microfinance
The Context
A Double International Commitment
The Monterrey Consensus on Financing forDevelopment (2002) is the basis of a commitment tobuilding appropriate financial services forhouseholds, micro-, small and medium enterprises.
The International Year of Microcredit 2005 iscommitted to promoting the building of inclusivefinancial sectors that help people improve their lives
and launching a challenge to national governments.
-
8/2/2019 Amman Slides
3/7
UNITED NATIONS CAPITAL DEVELOPMENT FUNDUNITED NATION
S CAPITAL DEVELOPMENT FUND Microfinance
Vision
Scale up efforts and build industry capacity to meet unmet
demand for microfinance
Unmet worldwidedemand for financialservices isstaggering
Current supply of financialservices reach only asmall fraction of the sixbillion people in the world,mostly wealthy/corporateclients
Dramatically increaseaccess to financialservices
Establish prudentialmeans to usemicrofinance mosteffectively to alleviatepoverty
Current Situation
To reach our vision weneed to:
100*GDP
10*GDP
Av. Loan O/S
The portion of poor
clients served issmall but rapidlygrowing 25 to 30percent annuallyover the past fiveyears
Gap
Highincomeclientsserved
Notserved
Low income clients served 0.5*GDP
-
8/2/2019 Amman Slides
4/7
UNITED NATIONS CAPITAL DEVELOPMENT FUNDUNITED NATION
S CAPITAL DEVELOPMENT FUND Microfinance
Blue Book on Building Inclusive Financial Sectors
Objectives and Outcomes
ObjectivesDevelop a common understanding of the constraints to building
inclusive financial sectors in different country settings andopportunities for action
Develop a compelling analysis, a Blue Book on Building Inclusive
Financial Sectors that will provide information, analysis and
guidance
Adopt the Blue Book as a tool to stimulate concrete action at the
country level.
Outcome
The preparation of a Blue Book on Building Inclusive Financial
Sectors to be submitted to the General Assembly in fall 2005.
Follow-up by national governments.
-
8/2/2019 Amman Slides
5/7
UNITED NATIONS CAPITAL DEVELOPMENT FUNDUNITED NATION
S CAPITAL DEVELOPMENT FUND Microfinance
The Process
Bringing together over the coming months awide range of stakeholders thoughmultistakeholder dialogues, direct interactionwith stakeholder groups and contributions viathe web site.
Participants will address this basic question:
Why are so many bankableclients unbanked?
Consultations will culminate in a GlobalMeeting in May 2005.
-
8/2/2019 Amman Slides
6/7
UNITED NATIONS CAPITAL DEVELOPMENT FUNDUNITED NATION
S CAPITAL DEVELOPMENT FUND Microfinance
Proposed Organization of Session
Program
Introductory Statements
Round Table Discussions in small groups
Presentation of results
Discussion in Plenary and Conclusions
Identification of Ways to Pursue Dialogue in
Middle East and North Africa Region
-
8/2/2019 Amman Slides
7/7
UNITED NATIONS CAPITAL DEVELOPMENT FUNDUNITED NATIONS CAPITAL DEVELOPMENT FUND Microfinance
Round Table Discussions
On the basis of the set of questions provided asguidance, identify the five key constraints to greateraccess
Bring in examples based on your own experience
Identify the major challenges to the development ofinclusive financial sectors over the next 5 10 years
Prepare one sentence vision statements on buildinginclusive financial sectors
Provide suggestion for further dialogue in the region.
Why are so Many Bankable Clients Unbanked?