Remittances, Diaspora and Microfinance

ACRA in collaboration with CeSPI
invites you to the
SELF-ORGANIZED EVENT AT THE WORLD
SOCIAL FORUM - DAKAR, FEBRUARY 2011
ACRA in collaboration with CeSPI
invites you to the
SELF-ORGANIZED EVENT AT THE WORLD
SOCIAL FORUM - DAKAR, FEBRUARY 2011
Remittances, Diaspora and Microfinance experiences, prospects and opportunities
Remittances, Diaspora and Microfinance experiences, prospects and opportunities
(Europe and Africa)
Round Table
In cooperation with: Groupe de recherche et d’échanges technologiques
(GRET), International Network of Alternative Financial Institutions
(INAFI), Union Financière Mutualiste UFM de Louga, Institut
fondamental d’Afrique noire (IFAN), Partenariat pour la mobilisation
de l’épargne et le crédit au Sénégal PAMECAS, and Union Rurale des
Mutuelles d’Epargne et de Crédit du Sénégal URMECS.
The African Diaspora - Africans and African descendants has been named as the 6th region of the African continent,
while its presence is becoming more significant, active
and integrated in the western world, also in the economic
sphere. The Diaspora has more likely been identified by
academicians, governments, international agencies and
non-governmental organizations as actor of a possible
change for development in origin countries, thanks to its
transnational role and to the scale of its interventions (local,
national, regional, pan-African). One of the aspects that
make Diaspora so crucial - representing a strong link and
moral obligation with the family - refers to the large flows
of remittances that migrants send home and that count for
a fundamental contribute to their family and state economy.
Through remittances migrants provide help to cover family
consumption needs, housing reparations, school and health
expenses and also to support entrepreneurial activities and
investments back in the country. Moreover, remittances
reach single families and individuals living in dispersed rural
areas. On one side, remittances represent a vital contribute
from migrants to people living in poverty in remote areas,
while most frequently remittances are not adequately valued
through financial instruments and products that could
instead facilitate a channelling into job generating activities.
On the other side, Microfinance institutions are often the only
existing financial institution in rural areas and they are those
more interested in employing remittances into productive/
micro-entrepreneurial activities, adapting their services to
the needs of migrants and their families.
The objective of this event is to discuss the role of migrants for
development with particular interest for the possible and existing
link between remittances and micro-finance institutions.
To this purpose different key players will bring their
contribution from their concrete experience. The session will
be open to a frank debate and a Q&A session.
Participants
(Europe and Africa)
Round Table
In cooperation with: Groupe de recherche et d’échanges technologiques
(GRET), International Network of Alternative Financial Institutions
(INAFI), Union Financière Mutualiste UFM de Louga, Institut
fondamental d’Afrique noire (IFAN), Partenariat pour la mobilisation
de l’épargne et le crédit au Sénégal PAMECAS, and Union Rurale des
Mutuelles d’Epargne et de Crédit du Sénégal URMECS.
The African Diaspora - Africans and African descendants has been named as the 6th region of the African continent,
while its presence is becoming more significant, active
and integrated in the western world, also in the economic
sphere. The Diaspora has more likely been identified by
academicians, governments, international agencies and
non-governmental organizations as actor of a possible
change for development in origin countries, thanks to its
transnational role and to the scale of its interventions (local,
national, regional, pan-African). One of the aspects that
make Diaspora so crucial - representing a strong link and
moral obligation with the family - refers to the large flows
of remittances that migrants send home and that count for
a fundamental contribute to their family and state economy.
Through remittances migrants provide help to cover family
consumption needs, housing reparations, school and health
expenses and also to support entrepreneurial activities and
investments back in the country. Moreover, remittances
reach single families and individuals living in dispersed rural
areas. On one side, remittances represent a vital contribute
from migrants to people living in poverty in remote areas,
while most frequently remittances are not adequately valued
through financial instruments and products that could
instead facilitate a channelling into job generating activities.
On the other side, Microfinance institutions are often the only
existing financial institution in rural areas and they are those
more interested in employing remittances into productive/
micro-entrepreneurial activities, adapting their services to
the needs of migrants and their families.
The objective of this event is to discuss the role of migrants for
development with particular interest for the possible and existing
link between remittances and micro-finance institutions.
To this purpose different key players will bring their
contribution from their concrete experience. The session will
be open to a frank debate and a Q&A session.
Participants
ACRA - Mara Alborghetti (Microfinance Expert
Matteo Cantoro (Country Representative)
CeSPI - Anna Ferro (Researcher)
GRET - Guillaume Bastard (Country Representative)
IFAN - Papa Demba Fall (Professor)
INAFI - Soukeyna Ndiaye BA (Executive Director)
PAMECAS - Mamadou Touré (Director)
UFM - Mansour Ndiaye (Director)
URMECS - El Hadji Moussa Diongue (Director) - Moderator
www.acra.it
Programme Manager Microfinance: Francesca Agnello - francescaagnello@acra.it
ACRA - Mara Alborghetti (Microfinance Expert
Matteo Cantoro (Country Representative)
CeSPI - Anna Ferro (Researcher)
GRET - Guillaume Bastard (Country Representative)
IFAN - Papa Demba Fall (Professor)
INAFI - Soukeyna Ndiaye BA (Executive Director)
PAMECAS - Mamadou Touré (Director)
UFM - Mansour Ndiaye (Director)
URMECS - El Hadji Moussa Diongue (Director) - Moderator
www.acra.it
Programme Manager Microfinance: Francesca Agnello - francescaagnello@acra.it