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El Salvador to host microfinance summit in 2024

San Salvador, Feb 21 (Prensa Latina) El Salvador will host the 2nd Microfinance Summit for Latin America and the Caribbean (SUMMIC), scheduled from August 21 to 23, 2024, an official source announced.

The event will be attended by nearly 400 delegates from microfinance companies and representatives of the sector, and will also bring together financial leaders from Latin America and the Caribbean to address critical issues in the current context, including cybersecurity and product development.

Participants will also address user’s experience and risk management, the regulatory environment and corporate governance, as well as gender and green finance.

As Fedecredito System we are honored to be the co-organizers of such an important event that will bring together hundreds of financial leaders from different countries in Latin America and the Caribbean, where topics of great interest to microfinance will be addressed, Macario Armando Rosales Rosa, president and CEO of Fedecredito, said.

The executive added that microfinance companies face the challenge of operating in an economy that demands innovation and that this new environment highlights the need to implement more robust security measures and risk control systems.

Other participants consider that the meeting represents a unique opportunity to strengthen regional collaboration and jointly address current challenges by fostering the exchange of knowledge and best practices among industry leaders, thus contributing to the strengthening and adaptability of the microfinance sector.

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