Summary: Microfinance is an economic tool that assists underserved, typically unbanked, people who frequently live in poor, informal communities around the world. With its roots in the Global South, or developing countries, microfinance has become associated with a pathway out of poverty, but is that truly what it is designed to do? Can a series of small loans create a lasting shift in the economic pattern of the working poor? Does financial inclusion have a 'real' impact on the lives of the unbanked and the people who live in less formal communities across both urban and rural settings? Join us to explore this topic in greater depth, leveraging an array of industry research and data, as well as the field experience of our speaker.
Bio: Megan Fielding is Director of Business Strategy and a member of the Responsible Investment team at TIAA Global Asset Management. She works with all lines of business in Asset Management and across the organization to develop and execute the business strategy for Responsible Investment, with an emphasis on education, marketing and distribution of ESG-focused funds and impact investments.
Prior to joining TIAA in 2016, Megan served as a consultant to impact investment funds and fintech entities, which resulted from her tenure as Head of Investments and Business Development at MicroPlace, Inc. an Ebay subsidiary which closed in 2014. Prior to joining MicroPlace in 2009, Megan held marketing, product development and investment consulting roles at banking institutions and asset management companies located in San Francisco and New York City.
Megan received her M.A. in International Studies from the University of San Francisco and graduated cum laude with her B.A. in Economics from Wheaton College (MA). She serves as an advisor to Working Capital for Community Needs (WCCN), a nonprofit focused on creating opportunities for access to microfinance, services and markets to improve the lives and communities of the working poor in Latin America.