1. Financing of microfinance: Debate with Auditors, Investors and Danida
Thursday 22 November
15.15 – 17.30
Copenhagen

2. Agenda
15.15 – 15.30:
15.30 – 16.00:
16.00 – 16.30:
16.30 – 17.00: :
Welcome and introductions by Ole Dahl Rasmussen, member of the board of DFM, Ph.D. student and microfinance advisor in DanChurchAid (Folkekirkens Nødhjælp)
Gregory Thys former CEO of MicroRate Africa – a leading rating and due diligence company of microfinance institutions in Africa and the MENA region
Jens Ole Pedersen, Head of Microfinance Partners of May Invest investing hundreds of millions of DKK in microfinance
Jørn Olesen, Senior Advisor responsible for microfinance, Technical Advisory Services, Danida - engaged in assessments and support for inclusive finance
Discussion

3. Microfinance investments: Time for a double bottom line?
Ole Dahl Rasmussen
DFM Board and DanChurchAid

4. Ole Dahl Rasmussen - Introduction
The progress
200m microfinance clients in 15 years
Idea
Movement
Industry
Ole Dahl Rasmussen - Introduction

5. Ole Dahl Rasmussen - Introduction
The concerns
Debate about the evidence on short-term social impacts
Risk of negativ effects: Overborrowing
Benin: Pressure from investors, pressure from credit officers
50% of investments with 33 microfinance institutions
Ole Dahl Rasmussen - Introduction

6. Ole Dahl Rasmussen - Introduction
The questions
Microfinance is good business that expands markets, and thereby opportunities, for the world’s poorest.
Is investment in microfinance always socially responsible investment?
If not, what does it take for investment in microfinance to be socially responsible and what are the roles of investors, regulators, raters and NGOs in this respect?
Ole Dahl Rasmussen - Introduction

7. Is it time for a double bottom line?

8. Agenda
15.15 – 15.30:
15.30 – 16.00:
16.00 – 16.30:
16.30 – 17.00: :
Welcome and introductions by Ole Dahl Rasmussen, member of the board of DFM, Ph.D. student and microfinance advisor in DanChurchAid (Folkekirkens Nødhjælp)
Gregory Thys former CEO of MicroRate Africa – a leading rating and due diligence company of microfinance institutions in Africa and the MENA region
Jens Ole Pedersen, Head of Microfinance Partners of May Invest investing hundreds of millions of DKK in microfinance
Jørn Olesen, Senior Advisor responsible for microfinance, Technical Advisory Services, Danida - engaged in assessments and support for inclusive finance
Discussion