Microcredit programs around the world, using a variety of models, have shown that poor people achieve strong repayment records—often higher than those of conventional borrowers. 2005--The Year. Summit in April 2005 these objectives were changed (Microcredit Summit, 2005). Women are often responsible for the upbringing of the world’s children and the poverty of the women generally results in the physical and social underdevelopment of their children. Our continued collaboration has the potential to provide all people with the financial services necessary to find a dignified route out of poverty. In all, we had 6 plenaries, 31 workshops, and 131 speakers.In the 2013 Summit Closing Plenary, we recognized the first Truelift Award recipients and watched a parade of 17 organizations announce publicly their Campaign Commitments, describing the steps they will take in the next two years to help see 100 million people move out of severe poverty. The Micro credit Summit took place during 2nd to 4th February, 2005 with Washington DC as its venue. Since 1997, the Microcredit Summit Campaign has been leading, supporting, and guiding the microfinance field to address failures in reaching the very poor. The Microcredit Summit Campaign is a global effort to restore control to people over their own lives and destinies. At the Summit more than 2,900 people from 137 countries gathered in Washington, DC. For three days, we talked about what we could do to change the system, to create new partnerships and new relationships and to develop products and services that will reach families living in extreme poverty. The Campaign’s second goal, in alignment with the Millennium Development Goal to cut $1/day poverty in half by 2015*, is an ambitious undertaking and one which requires appropriate quantitative measurement tools. And, it concluded with adoption of the “2013 Partnerships against Poverty Summit Declaration,” which states the following:We had outstanding workshops on issues like working in post-conflict and disaster areas, green energy, child labor, child and youth finance, small and medium enterprise, mobile banking, housing finance, gender challenges, value chains, health services, and appropriate regulatory environments. Dive into the latest research and insights on over 30 topics related to financial inclusion.FinDev Gateway provides a platform for select communities of practice (COPs) to share their work, learnings and insights on a special corner of the FinDev website dedicated for COPs.Close to 2,000 organizations publish their content on FinDev Gateway, sharing their research, news, events and jobs with the global financial inclusion community.FinDev Gateway partners with a number of organizations who, in addition to contributing content, co-host webinars, share their expertise on research topics, and host key microfinance and financial inclusion events.FinDev Gateway hosts the largest, free collection of online resources on microfinance and financial inclusion. Access to small amounts of credit—with reasonable interest rates instead of the exorbitant costs often charged by traditional moneylenders—allows poor people to move from initial, perhaps tiny, income-generating activities to small microenterprises. ‘We believe that poverty does not belong to the civilized human society. From 1997 to the present, the Microcredit Summit Campaign has relentlessly pursued its goals, maintaining a steadfast commitment to the Summit’s four core themes. Have UNDP's Human Development Report 2005 focus on … The Summit gave shape to a campaign, wherein an agenda was worked out for the next nine years. Delegates to the Latin America/Caribbean Microcredit Summit, held April 19-22, 2005, in Santiago, Chile, had an opportunity to eavesdrop on a statement of such vision when Muhammad Yunus, founder of the Grameen Bank in Bangladesh, addressed Chilean President Ricardo Lagos in his closing plenary remarks. Others shared strategies for reaching those living in poverty, such as savings groups and asset-building cash transfer programs, and the challenges that come with growth and scale, such as leadership development and client protection.Visit the 17th Microcredit Summit website for resources to come out of the Summit: session video recordings, PowerPoint presentations, as well as articles and blog posts from the media. The Campaign also focuses on reaching one of the Millennium Development Goals (MDGs) - to cut absolute poverty in half by 2015. The 17th Microcredit Summit was held in Mérida, Mexico, this September 3rd to 5th, and it was a great success! Reaching 100 million of the world’s poorest families is only one step in eradicating poverty worldwide: currently, the World Bank estimates that 1.2 billion people (roughly 240 million families) are living on less than US$1 a day.1.2 billion people are living on less than a dollar a day.