Italian Cooperation in Egypt

Poverty Alleviation Programme - Egypt

Proceedings of the seminar

Italian - Egyptian Poverty Alleviation Programme - PAP

Year of Microcredit

Anno del microcredito - Italia

Italian Cooperation in Egypt

to sort out poverty: a chance from microcredit

On the 9th and 10th of April 2005, the Italian Cooperation in Cairo organized an international seminar titled "to sort out poverty: a chance from microcredit”.

The seminar aimed at presenting the experience of the Italian-Egyptian program called PAP (Poverty Alleviation Program) whose microcredit scheme successfully reached thousands of beneficiaries, comparing it to similar international practices and enhancing at the same time a debate on the evolution of microfinance as a tool against poverty, especially in Egypt.

The event, that took place under the auspices of H.E. Suzanne Mubarak, saw the participation of over 250 people and of a good number of international speakers.

Between them, in the opening session, dott. Antonio Loche from the “Comitato Italiano 2005 Anno del Microcredito”, Dr. Antonio Vigilante, UN Country Representative, Governors of Giza and Minia, Gen. Hasan Hemada and Dr. Sa`ad, Ministers Abuelnaga and Amina El-Guindi and the Italian Ambassador to Egypt, H.E. Antonio Badini.

The first day proceeded with a small ceremony in which some of the beneficiaries were awarded for their work and the opening of an exhibition of their products.

On the second day PAP`s evolution and methodology were explained by Dr. Amjad Yaaqba, former director of the program. Dr. Yaaqba`s intervention was followed by an international panel composed by Dr. Loche, Dr. Vitali (Giordano Dell`Amore Foundation, Italy), Mr. El Ashmawi from Sanabel and by Professor Corsi from Università di Roma and Fondazione Risorsa Donna. This panel focalized on the frame constituted by the International Year of Microcredit, on the current situation of microfinance in Arab countries and on gender programs, introducing the four workshops that were at the core of the event.

The workshops focused on:

  • community participation,

  • gender,

  • the Social loan tracking system and

  • the shift from microcredit to microfinance.

During each workshop the moderators tried to follow the scheme of the whole seminar, comparing PAP's experiences in each of these fields with similar international projects: Grameen, MFIs belonging to the Sanabel network, and so on.

The outputs coming from the workshops, discussed in plenary session at the end of the seminar, revealed some fundamental and very interesting key points that will surely contribute to the current debate on the future of microfinance.

Proceedings