2014 ABAC Asia-Pacific Forum on Financial Inclusion Report
The 2014 ABAC Asia-Pacific Forum on Financial Inclusion was held in Shanghai, China from 19-20 March 2014. The Forum brought together participants from the public and private sectors and provided a platform for high-level dialogue amongst policy makers and regulators across the region. The Forum aimed to strengthen their capacity as well as provide specific points of advice for policy related issues impacting financial inclusion in the region. A summary report of the Forum is now available.
The Informal Economy
Most of the poor find their livelihoods in the informal economy. For this reason, FDC supports financial inclusion and 'pro-poor' private sector development. People in the informal economy need access to financial services, while the grassroots of the private sector consists of 'micro' and 'survival' enterprises. It's time we gave more attention to how the informal economy works.
ASIA MICROFINANCE FORUM 2014
The Banking with the Poor Network and Foundation for Development Cooperation, in partnership with the Citi Foundation as Lead Partner and the China Association of Microfinance as Local Host, successfully concluded the fourth Asia Microfinance Forum in Shanghai, China, in August. 500 delegates from 36 countries around the world took the opportunity to discuss and respond to the challenges of increasing financial inclusion and contributing to inclusive growth and poverty alleviation in Asia.