Out of the 6.7 billion inhabitants of the planet, 3 billion people live on less than USD 2 per day.
80% of the world’s population has no access to financial services.
The world’s 10,000 microfinance institutions provide funding to 150 million active clients, 3/4 of whom are women. An estimated 500 million potential microfinance clients have yet to be reached.
66.6 million microfinance clients are among the poorest people on the planet (living on less than USD 1 per day – 2006 figures).
The active loan portfolio of microfinance institutions is estimated at USD 30 billion, while potential demand is estimated at USD 263 billion.
The sector has an annual growth rate of almost 30%.
- Out of the 6.7 billion inhabitants of the planet, 3 billion people live on less than USD 2 per day.
- 80% of the world’s population has no access to financial services.
- The world’s 10,000 microfinance institutions provide funding to 150 million active clients, 3/4 of whom are women. An estimated 500 million potential microfinance clients have yet to be reached.
- 66.6 million microfinance clients are among the poorest people on the planet (living on less than USD 1 per day – 2006 figures).
- The active loan portfolio of microfinance institutions is estimated at USD 30 billion, while potential demand is estimated at USD 263 billion.
- The sector has an annual growth rate of almost 30%.