Overview of efforts by the Somali money transfer industry to integrate microfinance services into their existing business models. The solution offers the potential for profound development impact given the scale and reach of the Somali remittance business.
Discussion of Visa’s financial inclusion strategy for the MENA region focusing on youth financial education and innovative payment solutions that expand financial access including the use of pre-paid cards for microfinance loan disbursement and repayments.
Introduction of Tunisiana’s MobiFullus service in Tunisia and plans for its integration into MFI loan operations and roll-out as a transaction support solution for youth savings.
Discussion of Kiva’s web micro-lending model, its focused expansion in the MENA region which is prioritizing lending to youth, and the challenges and constraints they face in achieving scaled impact.
Al Barid Bank
Presentation of Al Barid Bank’s Youth Savings Product, their motivation for targeting the youth segment, and the organization process that it has gone through in the design, conceptualization and deployment of a national level product.
Presentation of Enda’s Bedaya Youth Start-up Project and the unique set of challenges and opportunities they have experienced in the process, and highlighting what is still needed to sustain and grow this project.
Alexandria Business Association
Presentation of the Alexandria Business Association’s experience in the development of a youth strategy and its efforts to develop a holistic service offering (financial and non-financial) for youth.
Al Amal Bank
Mohammed Al Lai presents Al Amal Bank’s strategic decision to become a Youth-Friendly Financial Institution through the development of a range of youth-targeted lending and deposit services and the impact this has had on the MFI and the community.
Nader Kabbani of Silatech presents evidence on supply side of financial services in MENA from preliminary findings of the 2013 CGAP/Silatech MENA MFI survey.
The World Bank
Atisha Kumar of the World Bank presents Global Findex and the latest findings on MENA and youth access to financial services.