Event Name: USAID After Hours Seminar #50 – Migrant-backed Loans: Mobilizing Remittances in Guatemala
Event Date: April 7, 2011
Event Location: Washington, DC, United States
See our Comprehensive Event Calendar Here: http://microfinanceassociation.ning.com/events
Cost: Free
Summary of Event: This event will feature the findings of two pilot projects that were launched to assess the impacts and challenges of the remittance industry. First, Mr Khalid Al-Naif and Mr Raul Reynoso from the William Davidson Institute (WDI) at the University of Michigan will discuss the impacts and challenges of their study titled “Mobilizing Remittances for Enterprise Finance”. Second, Mr Saul Wolf from the World Council of Credit Unions (WOCCU) will draw from the WOCCU “Integrating Remittance Recipients into the Financial Sector” pilot activity in Guatemala to present current strategic alliances and challenges in creating opportunities for remittance recipients.
Event Themes and Discussion Topics:
– Mobilizing remittances to stimulate growth in micro-, small and medium-sized enterprises (MSMEs)
– Providing remittance recipients with access to affordable financial products
Event Website: http://microlinks.kdid.org/learning-marketplace/after-hours/migrant-backed-loans-mobilizing-remittances-guatemala
For additional information, you may contact: +1 202 521 1900 or afterhours@qedgroupllc.com
About United States Agency for International Development (USAID): The United States Agency for International Development (USAID) is a government agency that provides international economic and humanitarian assistance. It focuses on areas such as economic growth, agriculture, trade, global health, democracy, conflict prevention and humanitarian assistance. Under the Development Credit Authority (DCA), it provides partial credit guarantees that cover up to 50 percent of defaults on wholesale loans made by private financial institutions to institutions that lend on a retail basis to underserved borrowers.
USAID offers a suite of resources aimed at improving the outcomes of microenterprise development research and practice at http://microlinks.kdid.org/
About William Davidson Institute (WDI): Established in 1992, the William Davidson Institute (WDI) is a non-profit research and educational institute housed at the University of Michigan. It provides a forum for academics and practitioners to engage in discussion on developments affecting emerging market economies.
About World Council of Credit Unions (WOCCU): Headquartered in the United States, WOCCU is a trade association and support agency for credit unions. WOCCU advocates on behalf of 40 credit unions operating in 51 countries before international organizations, and it coordinates with national governments regarding legislation and regulation. Its technical assistance programs introduce tools and technologies intended to strengthen the financial performance of credit unions and increase their outreach. WOCCU consists of three entities: (1) WOCCU proper, (2) WOCCU Services Group, which functions as a for-profit corporation and (3) Worldwide Foundation for Credit Unions, which serves as a charitable organization. WOCCU reported total assets of USD 14 million in its 2009 annual report.
Submit your event at: http://microfinanceassociation.ning.com/events
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