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Oradian and Microcredit Summit held a raffle in which one lucky microfinance institution – Vicoba Village Community Bank from Tanzania won the 9 month pilot to use our Core Microfinance System – Instafin, along with all the training and support.
The 18th Microcredit Summit held on March 14-17, 2016 in Abu Dhabi gathered global policy makers, central bank managers and microfinance experts from around the world to explore and discuss innovative financial inclusion strategies that can create clear pathways to economic and social inclusion.
We had the privilege to share our experience on empowering microfinance communities in some of the most remote rural areas in Nigeria – our core market, where we have been achieving impressive results with local MFIs in applying the multi-award winning software Instafin to their operations.
Instafin’s pilot program: new customer on board
On the second day of the conference, Oradian and Microcredit Summit held a raffle in which one lucky microfinance institution – Vicoba Village Community Bank from Tanzania won the 9 month pilot to use our Core Microfinance System – Instafin, along with all the training and support.
Specifically designed for financial institutions servicing the base of the socio-economic pyramid, Instafin is the operational platform on which these institutions: microfinance institutions, cooperatives and credit unions, manage their day-to-day operations.
As Instafin is extremely easy to implement, we are happy to be able to offer such pilots. In addition, our customers always emphasize that one of the top reasons why they love Instafin is because it is easy to use.
Oradian presented its impact on the microfinance community in West Africa
The 18th Microcredit Summit delegates recognized the importance of microfinance and financial inclusion in contributing to a balanced distribution of development growth, poverty alleviation, reduction in unemployment, social welfare, empowerment of women as well as its contribution to other economic benefits that enhance the pillars of a sustainable economy.
The Summit featured successes in Africa and the Middle East, especially growth of mobile money accounts and experimentations in sub-Saharan Africa. One of those success stories is certainly that of Oradian and we are happy that Microcredit Summit recognised the impact of our work in West Africa, where by using our latest cloud-based technology Instafin, we increase efficiency and effectiveness of financial intermediaries.