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SECTOR ENGAGEMENT
In Spring 2020 when it was clear the impact Covid-19 would have on the financial inclusion sector, e-MFP responded quickly to assist in the response, by strengthening collaboration and leveraging links with existing partners and stakeholders.
e-MFP both actively instigated and supported a coordinated sector response to the pandemic through many different initiatives which include:
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Creation, together with CFI and SPTF, of www.covid-finclusion.org blog and discussion portal. Publication of a series of papers by Daniel Rozas and Sam Mendelson on triaged sector responses, especially on the importance of maintaining liquidity. Creation of a dedicated http://www.e-mfp.eu/covid-19 page on e-MFP website, to solicit and centralise e-MFP members’ Covid responses and publications. Actively supporting the coordination of the investor response to the Covid crisis, including by the group of MIVs that published the Investor MOU on a coordinated response to the crisis, and the Pledge on Key Principles to Protect MFIs. Organisation of a series of webinars on: the cross-sector responses to Covid; interviews with key stakeholders on lessons learnt from past crises; and on the findings from the Covid-19 Financial Inclusion Compass. Collaboration with investors (plus SPTF, CGAP, and MFR) on the development of common reporting/data platform for Covid data. In partnership with CFI, production of case studies of MFIs’ past crisis responses, as part of larger initiative to update Weathering the Storm (2010 CFI paper, authored Daniel Rozas).
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