MICROCAPITAL EVENT: LATIN AMERICA AND CARIBBEAN REGIONAL MICROCREDIT SUMMIT OF 2009

JUNE 8-10, 2009, CARTAGENA, COLOMBIA

The Microcredit Summit Campaign (MSC), a U.S.-based microcredit social movement, and Banca de las Oportunidades, a government-run development bank in Colombia, have co-sponsored the Latin America and Caribbean Regional Microcredit Summit to be held from June 8 to 10, 2009 in Cartagena, Colombia.  The summit is intended to provide an opportunity for microfinance practitioners to discuss technological and structural innovation, to share best practices and to network.  Prominent speakers will include President Alvaro Uribe of Colombia and 2006 Nobel Peace Prize Laureate Muhammad Yunus of the Grameen Bank.

According to Peter Olivier, the Program Manager for the Microcredit Summit, the total cost of attendance will be in the range of about USD 200 to 300.  However, costs and other logistical details will not be finalized until December, when a website will be launched by MSC exclusively for the Latin American summit. Attendees should register in order to receive updates regarding registration and scheduling.   For further information, please contact Mr. Olivier at olivier@microcreditsummit.org or (202) 637-9600.  Interested persons can also email info@microcreditsummit.org.

The Microcredit Summit Campaign was created by the RESULTS Educational Fund, a U.S.-based grassroots advocacy organization committed to ending hunger and poverty.  The first Microcredit Summit was held in 1997, and it brought together from 137 countries more than 2,900 people in order to launch a nine-year campaign to provide microfinance loans and services for 100 million poor families, especially their women, by 2005.  In 2006, the Campaign was relaunched to reach 175 million families by 2015 and to ensure that 100 million families can provide for themselves incomes greater than USD 1 per day (adjusted for purchasing power parity).  For more information on the Microcredit Summit Campaign, please click here. 

The Banca de las Oportunidades is a government-run development bank in Colombia that seeks to reduce poverty, create social equity and stimulate economic development by providing access to traditional financial services for low-income families.  For more information, please click here

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