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Role of Microfinance Programs in Promoting Financial Inclusion: Findings from Field Studies in India and Pakistan

Event | 13 February 2014 ADBI, Tokyo, Japan

Purpose

ADBI's Seminar Series brings eminent persons to ADBI to encourage debate among policymakers, researchers, academics, think tanks, and other audiences interested in economic development challenges in the Asia and Pacific region.

Background

Savita Shankar is a PhD from the Lee Kuan Yew School of Public Policy in Singapore and was, until recently, an associate professor at the Asian Institute of Management (AIM), Philippines. She remains a non-resident research fellow with AIM following her relocation to Tokyo in September 2013. Prior to her PhD, she was an adjunct professor for three years at the Institute for Financial Management and Research, Chennai, India. Before her academic career, Shankar had ten years of work experience in corporate banking with ICICI Bank, India's largest private-sector bank and the Export-Import Bank of India, a development financial institution.

Objectives

This seminar will present findings on two recent research studies in India and Pakistan on the contribution of microfinance programs to financial inclusion goals. Using a framework based on the financial inclusion literature, primary data was collected on programs in the two countries. The graduation of group microcredit members to individual loans was also examined as it could be an important step toward long-term access to financial services. Policy implications arising from the findings will also be presented.

Participants

Policymakers, academics, outside researchers, and the general public; approximately 30 participants.

Language

English

Time of event

12:00 - 13:00