President Peña Nieto of Mexico Expected to Attend 17th Microcredit Summit

Mexican President Enrique Peña Nieto is expected to attend the 17th Microcredit Summit on September 3, 2014, in Merida, Mexico. President Peña Nieto will be joined by Nobel laureate Muhammad Yunus and innovative leaders from around the world like those from BRAC and Child and Youth Finance International to discuss the "next generation" of microfinance.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend
17th Microcredit Summit - Generation Next: Innovations in Microfinance - Sept 3-5 in Merida, Mexico
The program of the 17th Microcredit Summit will feature the next generation of microfinance innovations.

Washington, D.C. (PRWEB) July 24, 2014

The Microcredit Summit Campaign announced today that President Enrique Peña Nieto is expected to join the delegates of the 17th Microcredit Summit on September 3, 2014, in Merida, Mexico. He will join Nobel laureate Muhammad Yunus and innovative leaders from around the world like those from BRAC in Bangladesh and Child and Youth Finance International in the Netherlands in a dialogue about the "next generation” of microfinance.

Upon his election, President Peña Nieto committed to help bolster the economic growth, employment, and productivity of Mexico with the "Pacto por México." This pact promises to strengthen development banking to extend credit to small and medium-sized enterprises and to strengthen the innovation, patenting, and infrastructure of development banking. The pact also commits to change the legal framework of commercial banks and credit institutions to provide more financial services and reduce the cost. This is an important principle in the framework required for achieving full financial inclusion by 2020 and ending extreme poverty by 2030.

The agenda of the 17th Microcredit Summit is inspired by these goals and guided by the theme "Generation Next: Innovations in Microfinance." The program will feature the next generation of microfinance innovations in workshops like "Bringing e-payments solutions to microentrepreneurs" organized by MasterCard Corporation, "Financial Services and Aging" organized by the Center for Financial Inclusion, and "Microfinance and Microfranchising" organized by the Multilateral Investment Fund (FOMIN).

President Peña Nieto’s administration is working on policies that contribute to the eradication of hunger and extreme poverty, prevent child deaths from preventable diseases, and assure that women have the same opportunities as men. As part of the Summit in Mexico, the Microcredit Summit Campaign is also organizing a field visit for policymakers from various government ministries across Africa to experience some of the most innovative social protection programs being implemented around the world, including Mexico’s conditional cash transfer program, Oportunidades. These policymakers will learn from program officials and beneficiaries in Ethiopia and Mexico and then join the delegates in Merida for the 17th Microcredit Summit.

Microcredit Summits convene leading microfinance practitioners, NGOs, government policymakers for financial inclusion and social welfare, and funders and social impact investors from around the world to work together to end extreme poverty. Since the first Microcredit Summit in 1997, the Microcredit Summit Campaign has advocated for microfinance that reaches the very poor and helps families lift themselves out of extreme poverty.

The 17th Microcredit Summit will be held September 3-5 at the Centro de Convenciones y Exposiciones Yucután Siglo XXI in history-rich Mérida, the capital of the State of Yucatán. It will be preceded on September 2nd by the official pre-Summit event, the 13th National Microfinance Meeting, at Siglo XXI. This meeting will be organized by PRONAFIM and will introduce Summit delegates to a deeper understanding of the Mexico microfinance sector.

Visit the registration site for the 17th Microcredit Summit.

####

The Microcredit Summit Campaign (the “Campaign”), a project of RESULTS Educational Fund, is the largest global network of institutions and individuals involved in microfinance. The State of the Campaign Report is the largest and most comprehensive annual survey on the outreach of microfinance to the poor and very poor. The report highlights the latest data on the progress toward achieving the Campaign’s two 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.