Volume 5, Issue 2: December '07

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Global Launch: The State of the Microcredit Summit Campaign Report 2007

The Campaign extends its gratitude to all council members who submitted an Institutional Action Plan

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Volume 5, Issue 2: December 2007

Global Launch: The State of the Microcredit Summit Campaign Report 2007

State of the Microcredit Summit Campaign Report 2007

This issue of Microcredit Summit E-News is part of the global release of the State of the Microcredit Summit Campaign Report 2007.

As of December 31, 2006, 3,316 microcredit institutions reported reaching 133,030,913 clients, 92,922,574 of whom were among the poorest when they took their first loan. Of these poorest clients, 85.1 percent, or 79,130,581, are women. Institutional Action Plans (IAPs) were submitted by 873 microfinance institutions (MFIs) in 2007. Together these 873 institutions account for 92.4 percent of the poorest clients reported. Assuming five persons per family, the 92.9 million poorest clients reached by the end of 2006 affected some 464.6 million family members.

Read about the Campaign’s progress toward its goal of reaching the poorest and about the work being done to measure movement beyond the US$1 a day threshold before 2015 by downloading the full text of the report.


Does your organization support the Campaign and the 2015 goals? Help us spread the word by placing a blurb about the 2007 Report in your newsletter or link to us on your website. For more information, write to the Secretariat.