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carlos at bangla.net
04-04-1999, 11:40 PM
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Hello friends,

I have obtained a copy of a UN Report regarding the role of microcredit in
poverty alleviation. The abstract of the paper is shown below. The paper
will be published in full in one of the coming issues of MICRONEWS.

MICRONEWS is your free microfinance newsletter on microfinance and poverty
alleviation. This is for all microfinance practitioners, professionals,
workers, students, consultants and donors. It contains valuable
information about microfinance, microcredit and poverty alleviation. Focus
is Bangladesh but material is applicable and useful to other countries as
well. MICRONEWS is sponsored by: CARE-Bangladesh, CDF, SANMFI. For more
information, send an email to
<carlos-ani@mail.com>.

MICRONEWS will be delivered to you thru this mailing list.

Watch out for it.

Carlos Ani
CARE Bangladesh
Email: <carlos-ani@mail.com>

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ABSTRACT

ROLE OF MICROCREDIT IN THE ERADICATION OF POVERTY

This UN report discusses the role of microcredit to the eradication of
poverty. The prominence given to the matter reflects the recent success of
small-scale lending
programmes such as the Grameen Bank of Bangladesh. These rely on lending
(usually a few hundred dollars) to small enterprises in agriculture,
distribution, crafts, trading and similar activities. The participatory
nature of thes projects, together with the emphasis on women entrepreneurs
and employment creation, have raised hopes of reducing poverty through
this approach.

The report provides a quick survey of current experiences and highlights
the strengths and weakness of the microcredit approach, including the
administrative
difficulties and limited linkages with other services for the poor. The
report also contains suggestions for strengthening operations, and makes a
particular plea for ensuring that microcredit projects are established in
a broader context of support to the small enterprise sector.
Responsibilities of donor countries in this regard are emphazised.

Finally, the report highlights the activities of the United Nations system
and non-governmental organizations in support of microcredit, giving
special emphasis to the World Bank-led Consultative Group to Assist the
Poorest.

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MICRONEWS will be delivered to you thru this list.




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Carlos P. Ani - CARE Bangladesh
Address: 60 Road 7-A, Dhanmondi, Dhaka, Bangladesh
E-mail addresses: carlos@bangla.net
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