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

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Dec 2007
Washington DC, United States, December, 18 2007 - 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.



 

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