Details:

Details: A conference organised in partnership with meso IMPACT Finance, pertaining to the funding of small companies in emerging countries - with an example in the Philippines, is being held on Monday 20 January 2014 at 18:15 at the premises of BGL BNP Paribas (Agence Monterey, entrance via Rue Notre Dame).

The Philippines are poised to be among the world’s five fastest-growing economies in 2013 and 2014, according to Bloomberg surveys. Behind this good news, there is another reality: those of the missing-middle, i.e. the small enterprises which are striving to find funding for their business growth, while they significantly contribute to create jobs, thus reducing migration flows to urban areas with the (high) risk of ending up in slums. “Only 15% of small enterprises in the Philippines use banks to finance their operation and investments. This is considerably less than the average for East Asia and the Pacific rim, of which about 25% access bank financing”, said Niny Khor (Asian Development Bank) in his keynote speech “Constraints to SME Growth and SME Financing in the Philippines” for the NPFC Launch, July 2011.
 
Programme

17:45 Registration opens

18.15: Welcome message & introduction – Xavier Heude, President SAKURA Initiative, asbl

18.20: Luxembourg - Philippines: growing relationship in perspective, Alain Kinsch, Consul General a.h. of the Republic of the Philippines to Luxembourg – (to be confirmed)

18.30: “Ethical & impact lending” by Negosyong Pinoy Finance Corp. (NPFC) – George Petty, Managing Director of Venture South International, S.A., a Swiss holding company which invests in affiliate lending companies in Colombia and the Philippines

19.00: Investing with the intention of addressing social or environmental issues, Michel Vandevoir, co-founder and President of the Board of meso IMPACT Finance, CoopSA

19.10: Q&A

19.25: Closing message – Xavier Heude, SAKURA … followed by a networking cocktail

Venue: BGL BNP Paribas (Agence Monterey, entrance via Rue Notre Dame).

Organiser:  meso IMPACT Finance

Price: Cost: €10 payable in cash at the entrance

Reservations: Registration by e-mail: contact@sakura-initiative.org

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