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Monday, May 15 • 16:15 - 16:55
Microfinance transformation through ICT Innovation LIMITED

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Limited Capacity seats available

Global Communities is an innovator in providing locally appropriate financial solutions. We pioneered housing microfinance in the 1980s and have managed lending institutions in the world’s most challenging environments since the 1990s. Every institution that we manage was established to meet the needs of the local communities in which we work. As a result, we operate a highly-localized and internationally proven business model, and offer a broad spectrum of products that help families, first time entrepreneurs, and well-established small businesses chart their own path.

This approach has resulted in healthy, growing portfolios across 8 countries that today surpass a combined $216 million in loans outstanding. From 2004 to 2015, Global Communities disbursed nearly 700,000 loans to low- and moderate-income customers, totaling more than $1.76 billion, while maintaining an average repayment rate of 98 %.

Building on this unique approach and Global Communities collective knowledge and experience in micro-credit, we have developed Web-Abacus™. Web-Abacus™ is a complete web based loan portfolio management system. It supports flexible product definition, multiple sources of funds, any number of branches and multiple users with different levels of access and security.

Web-Abacus™ manages clients and loans by mirroring the specific processes used in each institution, providing a customized system that meets the institution’s needs. Web-Abacus™ also incorporates multi-level loan approval processes and provides a comprehensive set of reports.

The presentation/demo will highlight Global Communities' approach to innovation and the evolution of it's most successful and sustainable ICT4D solution, Web-Abacus™.

avatar for Billy Blake

Billy Blake

CIO, Global Communities
Billy Blake is CIO at Global Communities. Billy champions the use of information and communications technologies (ICT) as a strategic enabler for Global Communities operations world-wide, leading efforts to make use of technology in new and innovative ways that enhance the organization’s... Read More →

Boris Marković

Boris Marković is leading the Web-Abacus software solution team of Global Communities, which for over ten years helps making credit inclusion possible to impoverished and rejected people in war thorn ME regions and Europe. His team substantially contribute to proactive and responsive... Read More →

Monday May 15, 2017 16:15 - 16:55 IST