The 2013 Summit will focus on Partnerships against Poverty: Finance, Government, Business and Civil Society and will feature 5 tracks. Please read below to get a description of each track.
Partnerships Targeting the Vulnerable True financial inclusion for all will require special attention to specific groups of people that remain outside the conventional markets. Groups like the ultra-poor, women, people living in remote areas, people with disabilities, children and youth, the elderly, indigenous populations and others are repeatedly underserved by the traditional banking system and microfinance institutions. To ensure that these vulnerable groups are not left behind, we must extend our reach, develop the appropriate products and services, create safety nets and cultivate a client-centered approach that demonstrates an ability to reach all scopes of the vulnerable. This track will focus on partnerships between entities providing financial products and institutions delivering social services, such as between government agencies and NGOs that are already working in these vulnerable communities and can most effectively reach the poorest.
Partnerships for Serving the Poor in a Digital Age Digital transactions can greatly reduce costs, making it possible to provide a wider array of services to those living in poverty and to reach more remote areas. Successful digital ecosystems—those that reach and support the needs and aspirations of people living in poverty—require partnerships among those providing digital platforms, payment facilities, financial instruments, and cash-in cash-out services as well as with organizations that have already built relationships of trust in low income communities. This track will showcase partnerships that use digital technology to expand options and improve products available to those people who are currently excluded from the formal financial system.
National Partnerships “Full” financial inclusion should also protect clients and provide appropriate products that help those in poverty to mitigate risks and take advantage of opportunities. To achieve, this partnerships must be established at a national level with government agencies, financial regulators, payment processors, and financial service providers. This track will look at such financial inclusion strategies developed in several countries (such as the Philippines and Pakistan) and identify the roles in the financial ecosystem to help bring about that inclusion.
Cross-Sector Partnerships People living in poverty face many challenges. Appropriate financial services help them deal with some, but not all, of these challenges. Pioneering financial institutions focused on helping clients move out of poverty have invented a variety of methods for using the infrastructure they’ve built to deliver other services needed by their clients, including health care, housing, education, and access to markets. This track will look at several good examples of these cross-sector partnerships between a financial service provider and a social service agency, government agency, or social business.
Business Partnerships Microentrepreneurs and small scale producers can expand their income and diversify their risks when they can access markets outside of their own communities. Mass market businesses can access lower-cost inputs if they can source from small scale producers, but they often find the task of organizing those producers prohibitively expensive. This track will look at programs that link microenterprises and small farmers with national market outlets through financial institutions that help organize producers and provide capital for them to expand production, thus building an inclusive value chain.