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Larry Reed, director of the Microcredit Summit Campaign, spoke at the FI2020 Global Forum and explained why we “wholeheartedly support the goal of ‘Finance for All by 2020’…[it’s] important step in reaching the larger goal of ending extreme poverty by 2030.”
Interview with Mullainathan’s colleague, Eldar Shafir, William Stewart Tod Professor of Psychology and Public Affairs at Princeton University, and co-founder and scientific director at ideas42, a social science research & development lab. Watch here.
> Posted by Larry Reed, Director, Microcredit Summit Campaign
Why does the Microcredit Summit Campaign wholeheartedly support the goal of “Finance for All by 2020?” Because we see it as an important step in reaching the larger goal of ending extreme poverty by 2030.
From October 9 to 11 we held the Microcredit Summit in Manila on the theme “Partnerships against Poverty.” Delegates of the Summit drafted and approved the Partnerships against Poverty Summit Declaration, listing the principles that we will follow to insure that microfinance works as a worthy partner in the movement to end extreme poverty. The opening commitment of the declaration states:
First, we commit to putting the extreme poor first. Their voices must be heard in our movement, and they must be full participants in the process of improving their lives and our services. They are not only our clients, but also our…
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