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FDC - DEV!!! / Five years on – the microcredit summit campaign and microfinance in Asia and the Pacific, 2003

Five years on – the microcredit summit campaign and microfinance in Asia and the Pacific, 2003

Started in 1997, the Microcredit Summit (MCS) Campaign has been one of the major forces behind the dissemination of microfinance theories and practices, with the postulate of ‘ensuring that 100 million of the world’s poorest families are receiving credit for self-employment and other financial and business services by the year 2005’. This paper examines the development of the MCS Campaign over the last five years, using the development of microfinance in Asia and the Pacific as a field of study