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Mexico Summit Members Pledge to Serve Microfinance Clients Better

The Daily Star
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September 13, 2014
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Prof Muhammad Yunus, Mexican Federal Minister of Economy Ildefonso Guajardo Villarreal and Governor of Yucatan State Rolando Rodrigo Zapata Bello pose with microcredit borrowers under a government-sponsored program in Yucatan, Mexico. (Yunus Centre)

The 17th Microcredit Summit held in Merida, Mexico, last week discussed ways to better serve the next generation of clients and promote client-centered microfinance.

Top government officials, anti-poverty activists and multinational corporations from around the world took part in the summit on September 3-5.

The theme of the three-day event was Generation Next: Innovations in Microfinance.

The summit also discussed methods to adopt and utilize the next generation of technological innovations, cultivate the next generation of microfinance leaders and set up regulatory framework to promote innovation and cultivate transparency.

The summit was opened by Nobel Laureate Prof Muhammad Yunus, Mexican Economy Minister Ildefonso Guajardo Villarreal and Yucatan Governor Rolando Rodrigo Zapata Bello.

It engaged delegates in a discussion around the challenges and opportunities associated with the growth and transformation of the sector, especially through innovative and best practices that accelerate the steps to reach full financial inclusion.

Summit participants were asked to make campaign commitments to reach those living in extreme poverty and facilitate their movement out of poverty.

Read the rest at The Daily Star

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