A new Focus Note from CGAP (Consultative Group to Assist the Poor) examines data from CGAP’s annual surveys on cross-border microfinance funding to provide an overview of the microfinance funding landscape and trends in cross-border funding .
As of December 2009, cross-border funders reported commitments to microfinance of USD 21.3 billion, reflecting a 17 percent increase (USD 3 billion) over 2008 commitments . The commitments include funding from approximately 61 funders and 90 microfinance investment intermediaries that responded to the CGAP survey . The authors of this Focus Note, Mayada El-Zoghbi, Barbara Gahwiler, and Kate Lauer, conclude that while “CGAP’s funding surveys show the magnitude of cross-border funding to microfinance worldwide…it does not tell us enough about the role of cross-border funders in advancing financial inclusion or exactly how funding can add most value” .
The Focus Note can be accessed at: http://www.microfinancegateway.org/p/site/m/template.rc/1.9.50805/?page1=print
By: Alexandra Pattee, Research Associate
About CGAP (Consultative Group to Assist the Poor): Housed at the World Bank Group, CGAP (Consultative Group to Assist the Poor) is an independent policy and research center dedicated to facilitating the provision of financial access to poor people worldwide. CGAP is supported by approximately thirty development agencies and private foundations. Its mission is to provide market intelligence, to promote standards and to offer advisory services to governments, microfinance providers, donors and investors.
Sources and Resources:
 CGAP Press Release, “CGAP Focus Note: Cross-border Funding of Microfinance”, http://www.microfinancegateway.org/gm/document-1.9.50805/Cross_Border_Funding.pdf
 “Cross-border Funding of Microfinance”, by Mayada El-Zoghbi, Barbara Gahwiler, and Kate Lauer, CGAP Focus Note: http://www.microfinancegateway.org/gm/document-1.9.50805/Cross_Border_Funding.pdf
MicroCapital.org Article, March 31, 2011, “CGAP (Consultative Group to Assist the Poor) Focus Note Reviews Global Regulation of the Use of Banking Agents by Microfinance Institutions”, http://www.microcapital.org/microcapital-brief-cgap-consultative-group-to-assist-the-poor-focus-note-reviews-global-regulation-of-the-use-of-banking-agents-by-microfinance-institutions/
MicroCapital.org Article, March 1, 2010, “CGAP (Consultative Group to Assist the Poor) Focus Note Examines Consumer Protection Regulation in Microfinance Industry”, http://www.microcapital.org/microcapital-brief-cgap-consultative-group-to-assist-the-poor-focus-note-examines-consumer-protection-regulation-in-microfinance-industry/
MicroCapital’s Microfinance Universe: CGAP (Consultative Group to Assist the Poor), http://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=CGAP+%28Consultative+Group+to+Assist+the+Poor%29
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