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29 February , 2012 (Wednesday) 2.00pm – 3.30pm Seminar Room 3-7 MRB BIZ1.
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29 February, 2012 (Wednesday) 2.00pm – 3.30pm Seminar Room 3-7 MRB BIZ1 Our speaker, Ms Pauline Tan will speak on microfinance industry in South East Asia. Despite the rapid growth of the microfinance movement in the past 30 years, there are hundreds of millions of people still lacking financial access in the region. Besides providing microcredit services, the paper argues that formal financial institutions (e.g. MFIs) should take up the microsavings challenge as the demand for microsavings is as much if not more than the demand of microloans. Mobilizing savings can empower the poor by reducing their financial vulnerabilities, bring about risk diversification for the providers and help the economy achieve a higher economic growth