Posted by George Herdeg, Intern, Risk management Initiative in Microfinance (RIM)
Look for the Risk management Initiative in Microfinance (RIM) at the upcoming European Microfinance Week in Luxembourg taking place between November 16 – 18. Kevin Fryatt, RIM’s Director, will be moderating a session on Thursday November 17th from 3:45pm – 5:15pm titled Would’ve, could’ve, should’ve: Lessons learned from a currency devaluation crisis in Azerbaijan. The panel will be discussing the currency devaluation crisis in Azerbaijan in 2015 and the failures within the microfinance industry to anticipate and mitigate loss in the crisis. The session’s purpose is to discuss the drivers of the crisis, how various actors have responded, and future strategies to protect clients and institutions against similar crises. More information on the 2016 European Microfinance Week is available on their website.