New Partnerships for Innovation in Microfinance
Microfinance has experienced dynamic development. Today, microfinance providers reach close to 100 million clients worldwide and are growing fast. New partnerships expand the impact of microfinance even further. Three types of partnerships are examined in
- PDF / 3,317,747 Bytes
- 387 Pages / 439.37 x 666.142 pts Page_size
- 79 Downloads / 190 Views
Ingrid Matthäus-Maier J.D. von Pischke Editors
New Partnerships for Innovation in Microfinance
123
Ingrid Matthäus-Maier Dr. J.D. von Pischke 2529 Trophy Lane Reston, VA 20191-2126 USA [email protected] KfW Hanns Martin Hagen Palmengartenstr. 5-9 60325 Frankfurt am Main Germany [email protected]
ISBN 978-3-540-93898-9
e-ISBN 978-3-540-76641-4
DOI 10.1007/978-3-540-76641-4 Library of Congress Control Number: 2008943986 © 2009 Springer-Verlag Berlin Heidelberg 1st ed. 2008, 2nd printing This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permissions for use must always be obtained from Springer-Verlag. Violations are liable for prosecution under the German Copyright Law. The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Cover design: WMXDesign GmbH Printed on acid-free paper 9 8 7 6 5 4 3 2 1 springer.com
FOREWORD:
The Importance of New Partnerships Heidemarie Wieczorek-Zeul Federal Minister for Economic Cooperation and Development
The fight for a dignified life and against extreme poverty is still the most important challenge for mankind. Four billion people in the world live in poverty. Despite recent improvements, around 980 million people – more than a sixth of the world’s population – have to survive on less than one dollar a day. Poverty is the reason that 77 million children do not receive any primary education. Women still have significantly fewer opportunities to pursue personal freedoms and live a self-determined life than men. The list of development deficiencies is long and needs not be elaborated any further here. To summarise: we have made some progress towards reaching the Millennium Development Goals, but there is still a long way to go. Financial sector development has proved to have a strong impact when it comes to achieving sustainable improvements in the living conditions of the poor. A strong and stable financial sector provides the foundations for economic stability and growth. These foundations promote development in other areas, including health, education, and social equality. That is why German development cooperation has consistently supported the deepening and broadening of financial systems in our partner countries.
Building Sustainable Institutions from the Ground up Supporting microfinance institutions has long been a focus of German development cooperation. The Grameen Bank, which was awarded the Nobel peace prize in 2006, represented by its found
Data Loading...
