Marie Michael Library

How donor funds could better reach and support grassroots microcredit programs working towards the Microcredit Summit's goal and core themes

Yunus, Muhammad

In order to fulfill the Microcredit Summit's goal of reaching 100 million of the world's poorest families with microcredit by the year 2005, we must ensure not only that more resources are dedicated to promoting microcredit but also that resources are provided to the institutions in cost-effective ways. CGAP has a critical role to play as a catalyst in making changes; with its stated commitment to reaching the poorest, CGAP is uniquely positioned to assist in making these changes. Paper presented for the Microcredit Summit Meeting of Councils, Abidjan, Cote d'Ivoire, 1999.