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AFRACA Background. Membership (Banks, MFIs, MF Networks, research institutions, government ministries) Mission
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AFRACA Background Membership (Banks, MFIs, MF Networks, research institutions, government ministries) Mission Improve the rural finance environment through the promotion of appropriate policy framework and to support member institutions to provide sustainable quality financial services to the rural population
AFRACA FORUMS • Agribanks forum • Central Banks Forum • Sub regional workshops • Microfinance forum
Why MFF • The Microfinance forum was created specifically to enable; • Members of AFRACA & other stakeholders involved or interested in microfinance services to come together and exchange experiences and learn new approaches to offering financial services. • Result: Replication, modification of strategies… improved service delivery • AFRACA to realize its objectives as such its mission
5th AFRACA Microfinance Forum Theme Optimizing financial service delivery to the rural areas Why this theme? • Majority of the African population still does not have access to financial services • Microfinance has high potential for poverty reduction
Objectives of the 5th Microfinance forum • Improve knowledge and understanding of microfinance as an industry • Share experiences on how microfinance service delivery could be enhanced to better serve rural populations in Africa • Showcase innovations and cutting edge technologies in microfinance • Avail an opportunity to participants to network, establish new contacts and extend knowledge exchange and expertise