During European Microfinance Week the e-MFP Rural Outreach & Innovation Action Group gathered. Afterwards Bart De Bruyne interviewed Antonique Koning (CGAP).
Question (Bart De Bruyne): Do MFIs start paying enough attention to ecological aspects and what can e-MFP do?
CEO, MF TRANSPARENCY
Q: We were here a year ago talking about the Responsible Finance agenda, the growth in recognition of transparency in pricing etc. What’s changed in the last year for you?
We think of microfinance as being ‘invented’ in Bangladesh in the 1970s. To be sure, Grameen was the genesis of modern microcredit, the provision of small, unsecured loans to mostly women, for enterprise development. But microfinance – defined more broadly as financial services to the poor – goes back as far as money and commerce.