Topic: Transforming Microfinance Operations for a Digital World
Date: June 13, 2018, 14:00 – 15:00 CET
Presenters: Nicole Van Der Tuin, Chief Executive Officer and David Kruijff, Director of Global Client Strategy, First Access
Host: Grzegorz Galusek, CEO, Microfinance Centre
The results of the recent survey conducted by MFC revealed that unlike banks and microfinance institutions in the developing world, MFIs in Europe are slow adopters of new solutions. MFIs use technology to some degree and apply it for some parts of the lending process. There is recognition among the MFIs that digitalization, at least on a partial basis, is necessary because without it they will become uncompetitive, if not completely obsolete, in relation to other credit providers in the market. However, this slow adoption rate may be a cause for concern for the microfinance industry in the near future.
The webinar will present how a microfinance institution can gradually become a data driven digital institution. Rather than trying to overhaul your MFI in one go, it might be smarter (and more affordable) to view digitization as a journey in which you can progress step-by-step at your own capacity. Avoid change-management problems, customize your digitization path as you go, and gradually build a data driven culture, are just some of the benefits.
The webinar is organized for CEO Forum Members.