MICROFINANCE EVENT: International Conference of Social and Solidarity Finance, May 8-9, 2014, Bochum, Germany

Event  Name: International Conference of Social and Solidarity Finance

Event Date: May 8-9, 2014

Event Location: GLS Bank (Gemeinschaftsbank für Leihen und Schenken eG), Bochum, Germany

Cost: The fee to attend the conference is EUR 200 (USD 277) comma which includes an “education and cooperatives” field visit on May 9 to Alanus University and the municipality of Mayschoss.

Summary of Event: The theme of the conference is “Mobilizing social finance globally – learning from each other.” The organizers aim it to address issues regarding the challenges cooperatives face in fully participating in economies and grassroots participation in renewable energies, agriculture and food products as well as the role that civil society plays in creating healthy societies and economies.

Background on Organizers: The event is organized by the International Association of investors in the Social Economy (INAISE), a global network of socially-focused financial institutions; GLS Bank, a Germany-based cooperative bank that finances cultural and ecological projects; Oikocredit, a Dutch cooperative investment fund; and the German nonprofit, Institute for Social Banking.

For additional information, you may contact the organizers by phone at + 33 1 40 46 70 12 or email by coordination.inaise[at]gmail.com.

By Chikondano Faith Chisala, Research Associate

About Oikocredit:
Oikocredit is a Dutch cooperative investment fund comprised of church groups, cooperatives and individual investors. Established in 1975, it works in 70 countries, investing mainly in microfinance institutions (MFIs) as well as trade cooperatives, fair trade organizations and small and medium-sized enterprises (SMEs) in the developing world. As of 2013, Oikocredit reported total assets of EUR 756 million (USD 1.05 billion) and 815 active investors, of which 596 were MFIs.

Sources and Additional Resources:

[1] The International Association of Investors in the Social Economy, News, “The 2014 International Conference of Social and Solidarity Finance,” http://www.inaise.org/?q=en/node/2155

MicroCapital, April 27, 2014, “7th Convergences 2015 World Forum, September 8-10, 2014, Paris France, “https://www.microcapital.org/microfinance-event-7th-convergences-2015-world-forum-september-8-10-2014-paris-france/

MicroCapital, April 1, 2014, “Social Capital Markets (SOCAP) to Host “SOCAP14” September 2-5, 2014, San Francisco, USA,” https://www.microcapital.org/microfinance-event-social-capital-markets-socap-to-host-socap14-september-2-5-2014-san-francisco-california-usa/

MicroCapital, September 23, 2013, “Ujjivan Financial Services Raises $7.9m from Oikocredit for On-Lending to Microfinance Clients,” https://www.microcapital.org/microcapital-brief-ujjivan-financial-services-raises-7-9m-from-oikocredit-for-on-lending-to-microfinance-clients/

MicroCapital, June 11, 2013, “World Credit Union Conference, July 14-17, 2013, Ottawa, Ontario, Canada,” https://www.microcapital.org/microcapital-event-world-credit-union-conference-july-14-17-2013-ottawa-ontario-canada/

MicroCapital Universe: Oikocredit https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Oikocredit

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Chikondano Faith joined MicroCapital after holding various rolse at a commercial bank, where she improved and diversified her skill set by exploring many banking functions including: trading, treasury management, credit analysis and business development. She developed an interest challenges faced by entrepreneurs in emerging economies after taking up a small business development and entrepreneurship course during her undergraduate studies at the University of Pretoria in Pretoria, South Africa. She holds also Masters degree in Strategic Management from the University of Derby, her independent study topic focused on strategies to support Small and Medium Enterprises (SMEs) in Malawi. In working with MicroCapital, she hopes to expand her knowledge of microfinance and to use this internship as a foundation to pursue a career in micro and developmental finance. Chikondano Faith enjoys travel, drawing, jazz music, and improving her French during her spare time.