At the 2006 Microcredit Summit, the global microfinance community adopted two new goals for the industry: reaching 175 million of the world’s poorest with microfinance and helping 100 million families lift themselves out of extreme poverty. Of these goals, the second has proved the most challenging. In response, the Microcredit Summit Campaign has developed the 100 Million Project to galvanize energy around a global goal of reaching those living in severe poverty and equipping them with useful financial tools and services for their journey out of poverty.
Now, with advances in poverty measurement tools, technology, and targeted programming for the extreme poor, the 100 Million Project Partners are committed to making and tracking progress against this ambitious goal. Two main avenues are being pursued toward that end. The first is to promote broader use of reliable and accurate poverty measurement tools so that practitioners can more clearly identify their level of poverty down-reach and better target their services to intended client groups. The second is to facilitate and support industry-wide learning that answers the question “What are the business models, relationships and practices that most effectively facilitate movement out of poverty, and how can my organization implement those strategies?”
Helping 100 million families lift themselves out of poverty will require collaboration-building among several organizations, each with a complementary areas of expertise. The Campaign is thrilled to be debuting its newest 100 Million Project partnership with the SEEP Network during the 2012 SEEP Annual Conference. The event will feature the latest developments on this new collaboration. Join us this week in Arlington to learn more about this project:
- Thursday, November 8 at 11 AM: Attend the workshop session “More than Just Measuring Poverty – Using Data to Strengthen Products and Delivery Channels.”
Panelists: Jacobo Menajovsky (Senior Data Analyst, Financial Services, Grameen Foundation) and Mary Liz Kehler (Director, US Office, Fundación Paraguaya)
Moderator: Jesse Marsden (Manager, Research & Operations, Microcredit Summit Campaign)
- Thursday, November 8 at 4 PM: Attend the plenary session “New Strategies in Building Assets for the Ultra Poor”
Panelists: Leonardo Alvarez (Plan International), Carlos Alberto Moya Franco (Banca de las Oportunidades), and Camilla Nestor (Grameen Foundation)
Moderator: Frank DeGiovanni (Ford Foundation)
You can also watch this plenary LIVE online.
- Wednesday, November 7, 2012 at 5:30 PM: Talk with Campaign staff about the 100 Million Project and how to lend your support to this ambitious effort at the Career Fair.