Support for Micorcredit Summit Campaign 2006



Contract partner: The Microcredit Summit Campaign Country: Entwicklungsländer, unspezifisch Funding amount: € 26.280,00 Project start: 01.09.2006 End: 31.03.2007

Short Description:

Overall goal


At the Microcredit Summit held in Washington in Feb. 1997 the participants form more than 137 countries started the Microcredit Summit Campaign with the aim to reach 100 million of the world's poorest families. The Microcredit Summit Campaign brings together microcredit practitioners, advocates, educational institutions, donor agencies, international financial institutions, non-governmental organizations and others involved with microcredit to promote good practices in the field, to learn from each other, and to work towards reaching the proposed goals.


Every year the initiative holds an annual meeting at which papers are presented dealing with current matters in microfinance. The Austrian Development Cooperation has financed some of these papers in previous years. Since these papers are being distributed in the meeting the visibility of the donor is considerable.

This year ADC will fund part of the honorariums, translation, design, printing and overhead costs of the following:

1) Building Country Strategies for Microfinance: What Works for the Poor and Poorest and the Institutions Serving Them

The paper is a guide for policy makers and practitioners in the design of country strategies in different areas of microfinance

2) Commercialization: Overcoming the Obstacles to Accessing Commercial Funds while Maintaining a Commitment to Reaching the Poorest

It often is perceived that in microfinance there exits a trade off between commercial viability and complying with the social mission of poverty alleviation. In the paper this is vitiated and it presents successful institution that achieved both objectives.

project number 1983-02/2006
source of funding OEZA
sector Banken und Finanzwesen
tied
modality
marker
  • Policy marker: are used to identify, assess and facilitate the monitoring of activities in support of policy objectives concerning gender equality, aid to environment, participatory development/good governance, trade development and reproductive, maternal, newborn and child health. Activities targeting the objectives of the Rio Conventions include the identification of biodiversity, climate change mitigation, climate change adaptation, and desertification.
    • 1= policy is a significant objective of the activity
    • 2= policy is the principal objective of the activity
  • Donor/ source of funding: The ADA is not only implementing projects and programmes of the Austrian Development Cooperation , but also projects funded from other sources and donors such as
    • AKF - Foreign Disaster Fund of the Austrian federal government
    • BMLFUW - Federal Ministry for Agriculture, Forestry, Environment and Water
    • EU - Funds of the European Commission
    • Others - various other donors are listed in ADA’s annual business report.
  • Type of Aid – Aid modalities: classifies transfers from the donor to the first recipient of funds such as budget support, core contributions and pooled programmes and funds to CSOs and multilateral organisations, project-type interventions, experts and other technical assistance, scholarships and student costs in donor countries, debt relief, administrative costs and other in-donor expenditures.
  • Purpose/ sector code: classifies the specific area of the recipient’s economic or social structure, funded by a bilateral contribution.
  • Tied/Untied: Untied aid is defined as loans and grants whose proceeds are fully and freely available to finance procurement from all OECD countries and substantially all developing countries. Transactions are considered tied unless the donor has, at the time of the aid offer, clearly specified a range of countries eligible for procurement which meets the tests for “untied” aid.