BNP Paribas x Incofin

Benevolab, the volunteer organisation of BNP organised a walking dinner presenting ‘Investing in Microfinance’ by Fadoua Boudiba, invest manager MENA at Incofin. This presentation was very interesting laying out the key aspects on why an investment management firm would invest in a Microfinance agency. She took us through the entire due diligence process. This gives me ideas that should use her due diligence process on our own microStart Antwerp agency. Fadoua Boudiba, presented us the case of Faten, a Palestian Microfinance institution. She also presented the tools that can be used and checked in a MFI. A few are listed below:
PiiF principles for investors in inclusive finance ( principles for responsible investment )
Social performance task force (sptf)
Smart Campaign.
Mftransparency
Responsible lending
(AML check)
Echos tool
Mixmarket.com
Planet finance

The event continued by BNP Paribas Benevolab presenting a few volunteers that have completed missions abroad. These were Jan Populaire whom completed a mission at ADSJ in Lome, Togo and Magali Henry who completed a mission in Rwanda, Gitarama. There was a large turn up of potential volunteers for Benevolab and funny enough these volunteers are also microStart volunteers. The microStart x BNP volunteers are also Exchange volunteers! Well everyone contributes and gives back. Every good event should always come with a free goodie so we received a book 'La course de Microfinance’. An eventing can never go wrong with s free book!!