小额信贷扶贫资金外文翻译.doc

外文翻译 FINANCING MICROFINANCE FOR POVERTY REDUCTION by David S.Gibbons and Jennifer W.Meehan II.THE NEED FOR A NEW FINANCING PARADIGM Demand for Micro Finance Services There is no doubt that strong demand exists for microfinance services,among the poor around the world.Recent statistics on the global outreach of microfinance institutions(MFIs)report that as of December 31,2000,over 30 million families had access to microfinance services,of which more than 19 million qualified as poorest.This is both encouraging and daunting.Encouraging because the number has increased substantially since 1997,when the Microcredit Summit Campaign was launched.Daunting because that still leaves 81 million poorest families to be reached by 2005 if the Campaign target of 100 million of the poorest is to be achieved.On a regional basis,coverage remains extremely low.In Asia,where almost 15 million poorest families have access to microfinance services,still only 9.3%of all poorest families are being reached.And in Africa and Latin America,only 6%of all poorest families have access to financial services.It is not surprising,therefore,that NGO-MFIs wanting to increase their outreach to the poorest,having the necessary institutional capacity and access to the necessary funding,have no difficulty in attracting new clients. The failure of MFIs outside of Bangladesh to reach significant numbers of poor households in their own countries is not because of a shortage of MFIs.As of December 2000,over 1,600 MFIs(mostly NGO-MFIs)were reporting to the Microcredit Summit Campaign.However,the significant majority of these MFIs are very small,serving less than 2,500 clients each. If only 10%of the MFIs currently serving the poorest,or approximately 162,could be scaled-up to serve an average of 500,000 very poor households,or 324(approximately 20%)to 250,000 clients,then the goal of the Microcredit Summit of reaching 100 million could be achieved. It is important to acknowledge up front that not all MFIs wa