November 14, 2012
Washington, DC-- The Community Development Financial Institutions Fund (CDFI
Fund) is pleased to invite Community Development Financial Institutions (CDFIs)
involved in microfinance or small dollar lending to participate in the Capacity
Building Initiative training series Scaling Up Microfinance. The training will enhance
the exposure of microfinance CDFIs to best practices in the field, explain tools
for determining appropriate strategies to scale microfinance operations, and include
advanced technical assistance opportunities. The series will be provided by Opportunity
Finance Network (OFN).
"Microfinance is a rapidly growing sector for CDFIs, and I am pleased that the CDFI
Fund is providing innovative support for institutions that provide microfinance
and small dollar lending," said CDFI Fund Director Donna J. Gambrell. "By providing
the Scaling Up Microfinance series, we are directly assisting CDFIs that support
entrepreneurs and start-ups in non-traditional and highly effective ways."
In January and February 2013, the Scaling Up Microfinance series will offer
two-day training sessions in New York, San Francisco, and Atlanta for CDFIs. The
training has been developed around four themes integral to scaling microfinance
- Innovative Business Models
- New Microfinance Products
- Technology to Improve Performance and Efficiency
- Developing a Culture of Innovation and Talent Management
Training participants will access up to 20 hours of free one-on-one technical assistance
with OFNís roster of experts, including staff from OFN, FIELD at the Aspen Institute,
The National Federation of Community Development Credit Unions, the Center for Financial
Services Innovation, and Resources for Leadership, Inc. Attendees will also have
the opportunity to participate in mentored working groups to develop solutions to
challenges that impede scaling operations. Additionally, the trainings are designed
to provide an opportunity for collaboration between loan funds and community development
credit unions offering microfinance products.
The workshops are free; however, advance registration is required. There is room
for thirty participants per training, and up to two representatives from an organization
OFN will be holding a webinar to provide more information about the Scaling Up Microfinance
training sessions on Thursday, December 6, 2012, at 3:30 p.m. EST. Sign up for the
Registration links for the trainings can be found below and on the CDFI Fundís website.
Scaling Up Microfinance Capacity Building Initiative Trainings
January 17-18, 2013
New York, New York
January 31-February 1, 2013
San Francisco, California
February 25-26, 2013
For more information about the Scaling Up Microfinance series, or other trainings available under the Capacity Building Initiative, please visit www.cdfifund.gov/cbi.