| 2007: | Text of the Report [PDF, 316 KB] | |
| 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 family members. | ||
1 For the purpose of this report, the 1997 Microcredit Summit, and the Summit's nine-year fulfillment campaign, any reference to "microcredit" refers to programs that provide credit for self-employment and other financial and business services (including savings and technical assistance) to very poor persons.