When PlaNet Finance was created, in 1998, there were 3,000 Microfinance Institutions (MFI). Thirteen years later, the world’s 10,000 MFI provide funding to 190 million active clients, 81.7% of whom are women. An estimated 500 million potential microfinance clients have yet to be reached.
- Out of the 6.7 billion inhabitants of the planet, 3 billion people live on less than USD 2 per day
- 70% of adults in the developing nations has no access to traditional financial services.
- The world’s 10,000 MFI provide funding to 190 million active clients, 500 million potential microfinance clients have yet to be reached.
- 128 million microfinance clients are among the poorest people on the planet (living on less than USD 1,25 per day)
- The active loan portfolio of microfinance institutions is estimated at USD 65 billion.
- • In December 2009, the total investments in microfinance sector was reaching USD 21,3 billion
Sources : PlaNet Finance, CGAP, Mix Market, Microcredit Summit Campaign 2011