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Progreso Financiero Participates in 2009 Clinton Global InitiativeSeptember 25, 2009
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI) brings together a community of global leaders to devise and implement innovative solutions to some of the world's most pressing challenges. Since 2005, CGI Annual Meetings have brought together more than 100 current and former heads of state, 10 of the last 16 Nobel Peace Prize Laureates, hundreds of leading CEOs, heads of foundations, major philanthropists, directors of the most effective nongovernmental organizations, and prominent members of the media. These CGI members have made more than 1,400 commitments valued at $46 billion, which have improved the lives of more than 200 million people in more than 170 countries. Seminar: Deepening Financial Inclusion to Reach the Underserved – The "Bottom Billion" and the "Missing Middle"Millions of poor families have gained access to financial services through microfinance over the last 30 years. But there are two demographics currently below and above the reach of most microfinance: the extremely poor (the "bottom billion") and the small business entrepreneur (the "missing middle"). This working group panel will examine scalable innovations now underway to extend financial inclusion to these two demographics so that they too can help create equitable financial systems and become part of the answer to solving world challenges like poverty, access to health care and education, and climate change. Participants:
Session Photographs
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