Summary: The Microcredit Summit Campaign welcomes Women’s World Banking as the newest Campaign Commitment member, joining a global coalition to help 100 million families lift themselves out of extreme poverty. Their Commitment will ensure that their member microfinance institutions are practicing gender-inclusive policies to facilitate low-income women’s economic empowerment.
WASHINGTON, DC (May 6) - The Microcredit Summit Campaign welcomes Women's World Banking as the newest Campaign Commitment member, joining a global coalition of organizations committed to specific, measurable, and time-bound actions to advance the Campaign’s goal of helping 100 million families lift themselves out of extreme poverty.
"Women's World Banking is proud to join the Microcredit Summit Campaign. For more than 30 years, we have worked to ensure that low-income women have access to the financial services they need to build a brighter future for themselves and their families. With our network's adoption of Gender Performance Indicators, we will further enhance our commitment to serving women well, both as clients and as leaders," said Mary Ellen Iskenderian, president and CEO of Women's World Banking.
The Gender Performance Indicators (GPIs) are practical measurement tools that financial institutions should use to track and improve gender performance. Launched in 2011, the GPIs allow the microfinance industry to track and improve its gender performance in three areas: a women client-centric focus, a women-friendly institutional focus for women employees and women leaders, and the outcomes experienced by women.
Women's World Banking plans to have all of its network members reporting on the GPI by the end of 2015. By ensuring that the microfinance industry is effectively carrying out its dedication to serving women, Women's World Banking is making a unique contribution in the effort towards achieving full financial inclusion by ensuring financial institutions are practicing gender-inclusive policies to facilitate low-income women’s economic empowerment.
Women’s World Banking has announced its Campaign Commitment as follows:
The Campaign looks forward to welcoming this new partner in the global coalition and sharing their progress towards the Commitment achievement at the 17th Microcredit Summit. This year's Summit will be held in Merida, Mexico in partnership with the Ministry of Economy (Mexico) and its National Microentrepreneur Financing Program (PRONAFIM) and will focus on the theme of "Generation Next: Innovations in Microfinance."
About the Microcredit Summit Campaign
The Microcredit Summit Campaign (the "Campaign"), a project of RESULTS Educational Fund, is the largest global network of institutions and individuals involved in microfinance and is committed to two important goals: 1) reaching 175 million of the world’s poorest families with microfinance and 2) helping 100 million families lift themselves out of extreme poverty. The 100 Million Project (focused on Goal 2) was launched in response to World Bank President Jim Yong Kim’s call to end extreme poverty by 2030 and in recognition that full financial inclusion can only be achieved by targeting the extreme poor. The coalition of Campaign members announcing Commitments is aimed at motivating microfinance stakeholders to provide products and services that reach the extreme poor and facilitate their movement out of poverty. www.microcreditsummit.org
For further information:
Microcredit Summit Campaign
Jesse Marsden +1.202.637.9600
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