Microfinance Newsletter Image of women working UNCDF logo 2005: Year of Microcredit
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UNITED NATIONS CAPITAL DEVELOPMENT FUND    Microfinance

Issue 17 / October 2005

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Quote of the Month:

"The involvement of the private sector [in microfinance] has been very encouraging. Indeed, microfinance offers an excellent platform for private-public partnerships in which everyone wins. Poor people gain new choices and a chance to increase their wealth. Societies benefit in their efforts to defeat hunger and achieve other development goals such as child education, better nutrition and gender equity. And private businesses profit from access to new markets and, not least, from the boon to their reputations that comes with offering services that have a positive social impact."

- UN Secretary-General Kofi Annan, Geneva Private Capital Symposium, October 10, 2005

In Focus: Microfinance and the Private Sector

Q&A on the Commercialisation of Microfinance

The Case for Financial Access Charters in Sub-Saharan Africa
By Mark Napier, Chief Executive Officer, FinMark Trust

Demonstrates That Serving Low-Income Segments Is Profitable
By Annie Duflo, Research Co-ordinator, Centre for Micro Finance Research

On Microfinance at the EIB
By Perrine Pouget, staff member, Appui au Développement Autonome

Microfinance Pioneers Aiming to Become Leaders in Socially Responsible Business
By Marilou van Golstein Brouwers, Managing Director International Funds at Triodos Bank NV, and Advisor to the International Year of Microcredit

Have a Strong Plan for Financial Risk Management
By Rebecca Goldfine, Editor, Women's World Banking

Opportunities and Challenges
By María Otero, President & CEO, ACCION International

Evolving Models of Success
By Jennifer Isern, Lead Microfinance Specialist, CGAP and David Porteous, Consultant

Attracts Broad Private Sector Participation
By Ximena Escobar de Nogales, Deputy Director, Centre for Applied Studies in International Negotiations (CASIN)

Symposium Focuses on Challenges in Involving Commercial Banks in Microfinance
By Seema Desai, Programme Director, Emerging Economies, Foreign Policy Centre, London

Aims to Increase Access to Microfinance for Energy Services
By Ellen Morris, President, Sustainable Energy Solutions, and Erik Wurster, Master in Public Policy Candidate, Harvard University

Q: How will international private sector investment change the face of microfinance?

Also Inside:

President Bill Clinton, Diana Taylor and Stanley Fischer to Give Keynote Addresses

Importance of Data on Microfinance Cited

Highlights Expanding the Frontier of Microfinance in Latin America

Event on Sustainability in the Finance Sector to Draw 500 Participants

Conduct Demand-Side Analysis of Credit for Small Businesses

By Carla Henry, Cecile Lapenu, Manfred Zeller, Manohar Sharma


Earthquake Relief:

To donate to UN relief efforts in the areas affected by the recent South Asian Earthquake, please visit the website of the United Nations Office for the Coordination of Humanitarian Affairs: http://ochaonline.un.org/webpage.asp?MenuID=10061&Page=1418

In the Next Issue: Summing up the International Year of Microcredit