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Khalifa Fund gears up for microfinance summit

ABU DHABI, February 13, 2016

The Microcredit Summit Campaign and Khalifa Fund for Enterprise Development will jointly host the 18th Microcredit Summit in Abu Dhabi next month.

'The 18th Microcredit Summit:Frontier Innovations in Financial Inclusion' will gather global policy makers and microfinance experts to explore how microfinance and other innovative financial inclusion strategies can create clear pathways to economic and social inclusion and for the betterment of the lives of the most vulnerable segments of society.

The four-day conference, which kicks off on March 14, is co-organized by the Microcredit Summit Campaign and the Arab Gulf Programme for Development (Agfund).

The Arab Monetary Fund (AMF) has signed up as a sponsor of the summit. Both Khalifa Fund and AMF will enrich the Summit agenda with their experience in developing sustainable economic growth in the Mena region.

Khalifa Fund's expertise includes creating technical and financial programs such as the Sougha Initiative, which aims to enhance entrepreneurial and technical skills of Emirati artisans from across the UAE in partnership with key support partners.

Khalifa Fund CEO Abdullah Saeed Al Darmaki, said: "Our partnership with the summit campaign falls under our strategic objectives of benefiting from different international expertise, enhancing capabilities, and creating a suitable environment for innovation in the region and responding to the funding requirements for small and medium enterprises."

“We work to strengthen the bonds of cooperation,” Al Darmaki continued, “to support a culture of entrepreneurship, innovation and sustainable growth, which makes the 18th Microcredit Summit a perfect platform to exchange knowledge, ideas, and experience and to promote financial inclusion.”-TradeArabia News Service




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