CGAP IT innovations for the Poor

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CGAP IT innovations for the Poor

New Technologies for SME Finance Xavier
Reille Dec 4, 2002
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Transparency and Information Infrastructure
Building the Infrastructure for Financial
Transparency
Monitoring
Evaluation and Rating
MIS
External Audit
Benchmarking
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Enterprise software for microfinance challenges
Bridging the gap between supply and demand

• The ICT providers
• New products
• Dispersed clients
• Weak local support

• The MFIs
• Lack of standards
• Weak Business processes
• Lack of Knowledge in ICT

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CGAP activities to support IT innovations

• CGAP activities
• Consummer reports and product database on ES
• IT innovations catalogue
• IT forum, email discussion group
• Standardization and reporting

• IT innovation pilots
• PDA
• Smartcards and ATMs
• Credit scoring
• Telephonic
• ASP solutions

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The Microfinance Information eXchange
Information platform linking investors and MFIs

• New corporation supported by CGAP and
  foundations
• 119 MFIs, 35 funds, and 43 other key industry
  players participating so far
• improve transparency, standardization and
  reporting

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