Title: The Consultative Group to Assist the Poor : addressing challenges of globalization - an independent evaluation of the World Bank's approach to global programs - case study
Abstract: The Consultative Group to Assist the Poor (CGAP) traces its roots to a June 1994 Donor Working Group meeting in Paris. Subsequently, nine donors came together to establish the Consultative Group to Assist the Poorest in 1995. CGAP's membership now comprises 28 bilateral and multilateral development institutions and private foundations. Its current objective is to support the development of financial systems that work for the poor, by improving the capacity of microfinance institutions to deliver flexible, high-quality financial services to the poor on a sustainable basis. Four major activities during Phases I and II have been: (1) disseminating microfinance best practices, (2) grants to selected microfinance institutions (MFIs) to spur learning and innovation, (3) mainstreaming microfinance within member donor agencies, and (4) fostering national policy environments conducive to microfinance.
Publication Year: 2004
Publication Date: 2004-12-08
Language: en
Type: article
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