| Summary: |
In this lecture, Faisel Rahman OBE talked about his experience of building Fair Finance, how his clients have changed over the last 15 years, what he has learnt about financial products in poor communities, and why he thinks financial exclusion is probably the wrong term for this work. Faisel also touched on financial wellbeing and why a holistic approach is needed to be successful in this work.
Faisel Rahman has worked in the field of financial exclusion for nearly 20 years. Initially with the Grameen and World Bank in Bangladesh, for the last 17 years he has focused his work in the UK and Europe. In 2000 he set up the first microcredit programme in London’s east end, and in 2005 launched Fair Finance, a social enterprise tackling financial exclusion in the UK.
Faisel was the elected President of the European Microfinance Network (2010-2015), was elected an Ashoka Fellow in 2007, and was recognised as a Young Global Leader by the World Economic Forum in 2009. In 2014 he was awarded an OBE for services to Community Finance. In 2015 he was awarded an honorary doctorate by the University of East London. |
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