ACCION, Citi Foundation and EDA Rural Systems to Host “Microfinance Cracking the Capital Markets – South Asia 2010” Conference & Investment Marketplace
– Two day conference in New Delhi will bring together global and local industry leaders and experts to deliberate on strategies to attract capital investments in Microfinance and provide a platform for potential deal making –
ACCION International, a pioneer and leader in microfinance Citi Foundation, and EDA Rural Systems, a Delhi-based pan-Asian microfinance development and research organization, today announced that they will jointly host “Microfinance Cracking the Capital Markets – South Asia 2010” in New Delhi on June 23rd & 24th at the Taj Mahal Hotel.
The Conference in New Delhi succeeds others held in New York in 2006-2008 and in Delhi in 2008, and will bring together more than 200 institutional and private investors, private equity firms, microfinance investment funds, venture capitalists, leading microfinance institutions, investment bankers and rating agencies, to analyze the successes, challenges and emerging trends in capital markets investment in South Asian microfinance with particular focus on India.
The two day conference creates a platform for these stakeholders to conduct in-depth discussions on the various strategies for funding growth of the microfinance sector in India. Key sessions will explore the following:
–New financing structures available to microfinance institutions (MFIs) seeking capital from domestic and global markets.
–Impact of recent equity and debt financing deals on future investments in the sector.
–Current MFI equity valuations and impact on entry of private equity funds
–Players that are building the investable MFIs of the future
–The complex range of risks as they relate to private investment in microfinance
–Outlook from Indian capital market investors on the sector
Some of the key speakers/panelists at the two day conference include:-
─Robert A. Annibale, Global Director, Citi Microfinance and Community Development
─Monica Brand, Managing Director, Frontier Investments Group, ACCION International
─Sanjay Sinha, Managing Director, M-CRIL
─Jean-Pierre Klumpp, Chief Executive Officer, BlueOrchard Finance S.A.
─Royston Braganza, CEO, Grameen Capital India
─Ravi Kapoor, Managing Director, Head of Global Banking, Citi India
─Dilli Raj, CFO, SKS Microfinance
─S. Viswanatha Prasad, Managing Director, Caspian Advisors Private Ltd
─Eric Savage, Managing Director, Unitus Capital
─Sumir Chadha, Managing Director, Sequoia India
─Avnish Bajaj, Managing Director, Matrix Partners India
The first day of the conference features a series of panel discussions around equity and debt deals in the microfinance sector and their implications for the future of the space, including a look at valuations as a potential barrier to entry of additional equity capital, innovative debt financing deals, and various structures for raising debt capital. The day will end with perspectives from leading international investors on the future involvement of worldwide equities in Indian microfinance.
The second day will begin with an in-depth session on the risks facing the microfinance industry (and their investors). The final session of the day will bring forth insights on the deal pipeline for the microfinance sector – not just in India – but also across other South Asian countries. Accompanying the program is an open door ‘Investment Marketplace’ aimed at facilitating introductions and deal-making between MFIs and debt and equity investors.
Register for the conference today at the link below
Quick Facts about the Microfinance Sector in India
1. India is the world’s largest microfinance market where more than 600 million people live on less than US$1.50 a day (Report by CGAP and JPMorgan Chase & Co)
2. 30% of all microfinance equity transactions worldwide in 2009 took place in India (CGAP/J.P. Morgan)
3. The sector accounted for 40 percent of all Private Equity deals in the past 18 months. There were 11 PE deals worth 178 million during the financial year 2009, compared to three deals worth $52 million in 2008.(Venture Intelligence).
4.Indian Microfinance Industry to cross 110 million clients and $30 billion in loan portfolio by 2014. ( Intellecap)