The winning submission from MFX Solutions focused on eliminating currency risk for international SME lenders by adopting a proven currency-hedging strategy pioneered in the microfinanceindustry.
The microfinanceindustry is somewhere between 35 to 40 yrs old, and the founder of many of these institutions is at an age where he or she needs to think about succession planning.
Microfinance has therefore evolved as an industry and moving forward we should see professionalism and proper ownership and governance structures in place.
Working for more than thirty years, WWB continues to advocate for the benefits of microfinance and for the need to serve women everywhere, while conducting critical research and sharing industry best practices.