Microfinance has ushered in a new understanding of the needs of the poor and the potential for financial services to enable the poor to escape from poverty. Current literature argues over the way how microfinance has enabled users to climb above the poverty line. This report explores how microfinance could boost current efforts to achieve the Millennium Development Goals. The relationships between specific Goal and microfinance are explored, together with the potential for mutual benefits between both. Why this potential has not been a higher priority for the microfinance sector is also considered. This report argues that substantial synergies are yet to be realized between microfinance and Goals, based on careful, well- targeted approaches that are not only pro-poor, but also focus on the unique situation of the chronic poor.
Other titles in Global Urban Economic dialogue series:
Impact of Global Financial Crisis on Housing Finance 2011
Infrastructure for Poverty Reduction and Economic Development in Africa 2011
Microfinance, Poverty Reduction and Millennium Development Goals 2011
Organisation, Management and Evaluation of Housing Cooperatives in Kenya 2010
Public-Private Partnership in Housing and Urban Development 2011
The Sub Prime Crisis: The Crisis of Over-Spending 2011
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ISBN Series Number: 978-92-1-132027-5 ISBN: 978-92-1-132302-3 HS Number: 007/11E Series Title: The Global Urban Economic Dialogue Series Pages: 66 Year: 2011 Publisher: UN-HABITAT Co-Publisher :- Not available - Languages:
English
Themes: Urban Economy and Financing Shelter Countries: Branch/Office:
Urban Economy and Finance
