MICROFINANCE EVENT: Multilateral Investment Fund (MIF) to Host 15th Annual Inter-American MicroEnterprise Forum (Foromic), Bridgetown, Barbados, October 1-3, 2012

Event Name: 15th Inter-American MicroEnterprise Forum (Foromic)

Event Location: Lloyd Erskine Sandiford Centre, Bridgetown, Barbados

Event Date: October 1-3, 2012

See Our Comprehensive Calendar at: http://microfinanceassociation.ning.com/events

Cost: The cost of registration for the event is USD 600. The cost for one guest to attend only the social events is USD 200.

Summary of Event: The first day of the forum will focus on development opportunities in the Caribbean and will include the distribution of the 2012 Inter-American Awards for Microenterprise Development. Day two will highlight financing models for small and medium-sized enterprises (SMEs) and the last day of the conference will feature panels on impact investing and improving client protection and financing models for green businesses.

Background on Organizer: Multilateral Investment Fund (MIF) is an autonomous fund that was founded in 1993 by the US-based Inter-American Development Bank (IDB). Now a member of the IDB Group, MIF has 39 donating member countries from the Americas, Europe and Asia. From its inception through 2011, MIF reports having approved 1,600 projects in 19 countries, disbursing approximately USD 100 million per year in grants, equity and loans.

Event Website: http://events.iadb.org/calendar/eventDetail.aspx?lang=en&id=3377&SP=W&OID=397. The plenary and parallel sessions will also be broadcast live at http://www5.iadb.org/mif/en-us/home/foromic(live)/2012.aspx.

For additional information and to register, you may contact Ms Karen Millington-Phillips by email at registration[at]bcslbarbados.com or by phone at +1-246-467-8274.

By Charlotte Newman, Research Associate

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About Multilateral Investment Fund
Multilateral Investment Fund (MIF) is an autonomous fund that was founded in 1993 by the US-based Inter-American Development Bank (IDB). Now a member of the IDB Group, MIF has 39 donating member countries from the Americas, Europe and Asia. From its inception through 2011, MIF reports having approved 1,600 projects in 19 countries, disbursing approximately USD 100 million per year in grants, equity and loans.

About Inter-American Development Bank
The Inter-American Development Bank (IDB) is a US-based multilateral finance institution that was established in 1959 and operates in Latin America and the Caribbean. IDB works with governments, companies and nongovernmental organizations (NGOs) to provide both loans and grants to support small and medium-sized enterprises (SMEs), health, education and other sectors. IDB also provides technical assistance and research in these areas. Its Board of Executives is elected by 48 member countries, 26 of which are located in Latin America and the Caribbean. As of 2011, IDB reported total assets of USD 89 billion. The IDB is headquartered in Washington, DC, with offices also in Japan, France and all 26 member countries in Latin America and the Caribbean.

Sources and Additional Resources:

Inter-American Development Bank: “Media Registration Now Open for Foromic in Barbados,” http://iadb.org/en/news/announcements/2012-09-10/foromic-2012-in-barbados,10080.html

MicroCapital.org story, August 27, 2012, “MICROCAPITAL BRIEF: Inter-American Development Bank Loans $10m to Central Bank of Ecuador to Support Financial Inclusion,” https://www.microcapital.org/microcapital-brief-inter-american-development-bank-loans-10m-to-central-bank-of-ecuador-to-support-financial-inclusion/

MicroCapital.org story, May 31, 2011, “MICROCAPITAL EVENT: XIV FOROMIC 2011: Inter-American Forum on Microenterprise, October 10 to 12, 2011, San Jose, Costa Rica, Organized by the Inter-American Development Bank and the Multilateral Investment Fund,” https://www.microcapital.org/microfinance-event-xiv-foromic-2011-inter-american-forum-on-microenterprise-october-10-to-12-2011-san-jose-costa-rica-organized-by-the-inter-american-development-bank-and-the-multilateral-inves/

MicroCapital Universe Profile: Multilateral Investment Fund
http://microcapital.org/microfinanceuniverse/tiki-index.php?
page=Multilateral+Investment+Fund+%28MIF%29

MicroCapital Universe Profile: Inter-American Development Bank
http://microcapital.org/microfinanceuniverse/tiki-index.php?page=Inter-American+Development+Bank+%28IDB%29

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