The State of the Microcredit Summit Campaign Report, 2014.
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Transcript of The State of the Microcredit Summit Campaign Report, 2014.
Getting to Zero
Chandy, Laurence, Natasha Ledlie and Veronika Penciakova. The Final Countdown: Prospects for Ending Extreme Poverty by 2030. Fig. 3, pg. 5. © 2013, The Brookings Institution. Used with permission of the Brookings Institution.
Growth of Total Clients and Total Poorest Clients
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 20120
50,000,000
100,000,000
150,000,000
200,000,000
250,000,000
13,478,797
54,904,102
113,261,390
154,825,825
205,314,502
195,014,970
203,672,249
7,600,000
26,806,014
81,949,036
106,584,679
137,547,441
124,293,727115,747,387
Total clientsTotal poorest clients
Nu
mb
er
of
clie
nts
(in
mill
ion
s)
(December 31, 1997, to December 31, 2012)
Microfinance Clients in the Philippines
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 20120
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
4,500,000
5,000,000
77,148 246,132
510,807
1,308,937
3,447,135
3,848,886
4,332,589
65,339 166,280355,651
735,135
2,218,006
1,677,9871,926,734
Total clientsTotal poorest clients
(December 31, 1997, to December 31, 2012)
• 16 Summits since 1997
• Shift to thematic focus
• Practitioners, advocates, educational institutions, donor agencies, international financial institutions, non-governmental organizations and other stakeholders
Summits
• More than 800 people from 61 countries
• Opened with an appeal from world leaders to help make microfinance part of the movement in post-2015 MDGs• World Bank President Jim Yong Kim • Nobel Peace Prize laureate Muhammad Yunus
• Closed by • Recognizing institutions that have received Smart Campaign
certifications and Truelift awards • Adopting Summit Declaration, a calling for the end of extreme
poverty by 2030• 17 Campaign Commitments
2014 Summit• September 3-5, 2014 in Merida, Mexico
• Generation Next: Innovations in Microfinance
• Plenaries include:Making Markets Safe for the VulnerableThe Next Generation of LeadersEnding Extreme PovertyBuilding Pathways Out of Poverty
» Goals˃ Reach 175 million
families with microfinance
˃ Help 100 million families lift themselves out of extreme poverty
» Long term vision to create a poverty free world by 2030
100 Million Project
» Linking industry stakeholders with exposure opportunities
» Tracking movement out of poverty with the PPI
Example of Progress out of Poverty Index (PPI) for the Philippines
Facilitating Movement out of Poverty
Illness is the most commonly cited reason for “a downward slide into poverty…ahead of losing a job, which took second place.”
(World Bank, 2002)
An alliance to put integrated health and microfinance as a tool against poverty on the global stage, using India as a demonstration and model of what can be achieved.
A Global Coalition
• Recent health education topics: • WASH (water, sanitation, and hygiene)• NCDs (non-communicable disease), e.g.: diabetes, cancer,
blood pressure)• Financial products: • Health savings• Health loans
• Building capabilities: • Training local health volunteers (preventive and diagnostic
health services)• Creating linkages to health providers
Health programs