Sonja Kelly - Financial Services & Aging

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Sonja Kelly - Financial Services & Aging 17th Microcredit Summit

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#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

Financial Services & Aging

Preparing for and Serving the Needs of the Older Generation

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

Agenda

• Global financial inclusion industry survey results• Practical ways to engage with aging and older

adults– John Hatch– Pilar Contreras– Reynold Walter– Caroline van Dullemen

• Audience talkback

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

3

Population pyramids: 1950

Source: United Nations, 2010

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

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Population pyramids: 1960

Source: United Nations, 2010

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

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Population pyramids: 1970

Source: United Nations, 2010

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

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Population pyramids: 1980

Source: United Nations, 2010

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

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Population pyramids: 1990

Source: United Nations, 2010

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

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Population pyramids: 2000

Source: United Nations, 2010

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

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Population pyramids: 2010

Source: United Nations, 2010

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

10

Population pyramids: 2020

Source: United Nations, 2010

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

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Population pyramids: 2030

Source: United Nations, 2010

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

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Population pyramids: 2040

Source: United Nations, 2010

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

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Population pyramids: 2050

Source: United Nations, 2010

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

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Proportion of population aged 60-plus, 2012

Source: United Nations, 2012

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

Proportion of population aged 60-plus, 2050

Source: United Nations, 2012

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

• Health• Income• Financial literacy/capability• Technology• Access• Consumer protection

Top issues facing older adults

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

Do

you

prov

ide

finan

cial

ser

vice

s di

rect

ly to

old

er a

dults

?

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

What are the top products older adults need?

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

Additional findings

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

Agenda

• Global financial inclusion industry survey results• Practical ways to engage with aging and older

adults– John Hatch– Pilar Contreras– Reynold Walter– Caroline van Dullemen

• Audience talkback

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

Audience talkback

• How have you approached this issue in your work? • Do you know someone who is an older adult, and

what have you learned from their experience?• What more would you need to know in order to

engage more with older adults in your work?• Do you have any questions for the panelists?