Here's a test of a Google map that shows upcoming public appearances by the U.S. presidential candidates:
This is a test of embedding a customized Google Map on a page using Google's My Maps:
Roger Frank, partner, Developing World Markets
"Human impact capital. ... The yield on this is 600 basis points plus 200 basis points of human capital."
Preval Shah, President, Kiva
Kiva is an internet marketplace for MFIs such as Pro Mujer. Today Kiva is a really bad investment or a really great donation, depending on how you want to look at it. Kiva in the future would be something where you could get a risk-adjusted financial return.
Eric Josephson, head of international development, ECLOF Peru
The Ecumenical Church Loan Fund has a loan fund aimed at addressing poverty, inequality and social injustice.
The poor in urban areas of Peru are already well served in the developed Peruvian microfinance sector. Rural areas much less so. Challenges to a rural presence include the cost of transport/communication; clients have fewer assets than those in cities; scarcity of funding for rural outreach programs.
Moderator: Tracey Pettengill Turner, founder and general manager, MicroPlace (an eBay Company)
*Gil Crawford, CEO, MicroVest Capital Management
*Henk Nijland, Manager, micro and small enterprise fund (MASSIF), and campacity development fund, FMO - Netherlands development finance company
Tracey lives in the San Francisco Bay area.
The chart at right is from a Powerpoint presentation by Motaz El Tabaa of the Alexandria Business Association, showing the Gross Loan Portfolio (GLP) in different countries in the middle east.
Is microfinance an asset class? No. It's like "banking" in that regard.
What defines an asset class? Similar characteristics; similar behavior; volume.
Do MF "asset classes" behave distinctly? There isn't enough data, volume, to develop proper benchmarks for measuring behavior.
But MFIs show asset growth despite volatility of other assets, which suggests that they behave differently than other asset classes. "That suggests distinct behavior." MFI net income shows steady growth when other markets have not had steady performance.
Ira W. Lieberman, Ph.d., LIPAM International, Inc.
The initial listing/public offering of four leading institutions. The four institutions are:
*Bank Rakyat Indonesia (BRI)
Microfinance is changing fast now. In the early stages, it was mainly NGOs with assorted models, using mainly donor funds. It's now in the take-off stage, with players including NGOs, banks.. Capital markets represent an additional option to raise funds for MFIs.
Bank Rakya Indonesia (BRI)
Presenter: Alex Silva, President and Founder, OMTRIX Financial Consultants and former director, PROFUND
Emily says he (and PROFUND) are some of the coolest things she's seen in the field of microfinance in terms of what they've accomplished.
Vikam Akula, CEO, SKS
SKS is the largest microfinance institution in India. Current portfolio is $320 million; portfolio at risk is less than 1 percent; 10% profit margin.
The Evolution of Fixed Income Investment in Microfinance - Identify the Opportunity, Negotiate and Execute
Roland Dominicé, Senior Manager, Investment Services, Symbiotics
Investment strategies: Pioneer funds, development funds, social investment funds, blended value funds, global balanced funds, commercial funds, leveraged funds. There's a diversification of ways to look at the market and structure the strategy of the fund. There's more and more control of the risk into these funds, whereas the later funds have a strategy. The return of these funds has increased over time and is increasing. The efficiency, more importantly, has improved.