Sri Lanka Hosts Asia Microfinance Forum 2010 from 12 - 15 October. Mobitel the Silver Sponsor

09th September 2010, www.island.lk

The Banking with the Poor Network (BWTP) prevails to serve Asia as its core microfinance network. The Asian microfinance network aspires to enable innovative, appropriate and demand driven financial services for those stagnant at the bottom of the pyramid. Whilst committed to enhancing the quality of life amongst the poor through promoting and facilitating access to sustainable financial services, the key objective will disclaim ‘poverty’. The BWTP seeks to reap sustainability, by embarking on ventures to fuel greater financial inclusion of the poor.

In a bid to alleviate poverty throughout Asia, the BWTP network unravels one of its key initiatives the Asia Microfinance Forum 2010, to be hosted in Sri Lanka from the 12 - 15th of October. Sri Lanka Telecom Mobitel, the National Mobile Service Provider partnered with the Asia Microfinance Forum to acquire its esteemed role as the Silver Sponsor for the Asia Microfinance Forum 2010. "Mobitel takes interest as an active agent by spearheading many initiatives to materialise its vision of infusing development across the nation. The National Mobile Service Provider hopes to stimulate growth through many initiatives conceded in the recent past, thereby thrusting the country towards an economic threshold," a statement by the organisers said.

Sri Lanka was selected as the host destination for the Asia Microfinance Forum 2010, as the post war era assisted in navigating economic resurgence across the country. The economic ambience has reflected significant growth since its docile awakening after the war. The event will span over a three day period and is expected to host a multitude of 600 delegates including leading practitioners, policy makers and other influential personnel who share similar perspectives on Microfinance. The event will display the potential and forward thinking process for the microfinance industry in Asia.

"It is a privilege for Mobitel to be associated as the Silver Sponsor for the Asia Microfinance Forum 2010. The event will assist to penetrate significant rural population and revive an economic revolution through its awareness of financial inclusion. We share a mutual passion in propelling Sri Lanka to greater heights through economic development," said Suren J. Amarasekera, CEO of Sri Lanka Telecom Mobitel.