The 3rd Eastern India Microfinance Summit 2018 titled, "Microfinance: The crucial link in inclusiveness" was held on 18th January 2018 at, The Lalit Great Eastern Hotel, Kolkata, West Bengal.
This year Associate of Micro Finance Institutions – West Bengal, organized this summit on a much larger scale with grander participation at national and international level. The objective and purpose of the summit is to actively engage key stakeholders in discussions relevant to current and future aspects of financial inclusion.
This summit was marked with the presence of esteemed delegates from the Banking & Financial fraternity. The Summit included conferences, panel discussions and knowledge presentations on topics related to banking and technology to get a peek into the emerging trends and segments in the microfinance sector.
During the Summit many crucial points were discussed. One of the major discussion was regarding "Role of Digitization in MFIs towards optimizing cost of service delivery" where CEO, Nelito Systems Pvt. Ltd. shared his valuable thoughts. During the discussion eminent personalities from the Microfinance sector agreed that the MFIs will need to integrate the available digital enablers to improve transparency and reduce cost of operations. Further, there is a need to slowly but surely shift towards cash-less modes of business.
Team Nelito eminently showcased its agile solutions designed for Microfinance Institutions. Nelito's stall in the exhibition area was an eventful place where visitors saw live demonstrations of our solutions while also understanding and discussing about the other offerings by Nelito with our sales and marketing team.
The objective of this Summit was to provide an overview of existing knowledge on the demand and supply of micro insurance in India, as a basis for decreasing the vulnerability of underprivileged and low-income people while developing new market opportunities.
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