Last week we blogged about a recent debate hosted by the All-Party Parliamentary Group on Microfinance. RESULTS supports the secretariat of the APPG and was greatly privileged to have been involved in the organisation of the debate. If you weren’t able to attend the event you can now download and listen to a recording and also a summary of the arguments made by each side from the APPG’s website. If you are interested in learning more about the pros and cons of microfinance then the recording is well worth a listen. Having had longer to digest the arguments for and against we have added some additional thoughts on the subject below. We would welcome comments from others to help inform RESULTS’ future advocacy work to ensure that microfinance has the greatest possible benefits for the poor.
On Tuesday night the APPG on Microfinance hosted a debate on the motion: ‘Is Microfinance an Effective Tool for Helping Eradicate Poverty?’
The panel of speakers was composed of two teams with Martin Greely (Institute of Development Studies) and Tom Sanderson (Five Talents) debating in support of microfinance and Milford Bateman (Overseas Development Institute) and Malcolm Harper (Cranfield School of Management) arguing against the motion. Almost 100 members of the public, including members of the Houses of Parliament, academics, private investors, representatives of international organisations and microfinance institutions, attended the event. Continue reading
The All-Party Parliamentary Group (APPG) on Microfinance will be hosting a debate to discuss the effectiveness of microfinance in eradicating poverty on 19th October 2010 at the House of Commons, London.
Microfinance has been hailed as an effective and sustainable tool to combat poverty. However, recent studies have challenged the extent to which microfinance can really lift people out of poverty and whether it is really having the impact that its supporters propose. Continue reading
MP for the Cities of London and Westminster Mark Field led a parliamentary debate on microfinance yesterday in Westminster Hall. This is the first time in four years that a debate focused specifically on microfinance had taken place in the UK Parliament. Continue reading
Posted in Department for International Development, Microfinance
Tagged Andrew Mitchell, Annette Brooke, APPG, Debate, DFID, Gareth Thomas, Mark Field, Michael Moore, Microfinance, Microinsurance, MP, RESULTS
Mark Field, MP for the Cities of London and Westminster, will be leading a 90-minute debate on microfinance on Tuesday 26th January.
Mr Field is a member of the APPG on Microfinance, as well as being the MP for members of the London RESULTS group and the new RESULTS head office. Continue reading