Friday, July 11, 2008

Business: Yunus and other Microcredit Leaders to Hold Indonesian Summit

Nusa Dua (ANTARA News/PRNewswire-AsiaNet) - The following was released by The Microcredit Summit Campaign:

WHO:
The Honorable Susilo Bambang Yudhoyono, President of Indonesia
The Honorable Manuel Zalaya Rosales, President of Honduras
The Honorable Alejandro Toledo, Former President of Peru
Mrs. Zanele Mbeki, First Lady of South Africa
Dr. Muhammad Yunus, Nobel Laureate and Founder & Managing Director, Grameen Bank
Sam Daley-Harris, Director of the Microcredit Summit Campaign

WHAT: Microcredit Summit Campaign Hosts More Than 800 International Microcredit Leaders, Donors, Investors, and Advocates at Asia-Pacific Microcredit Summit 2008.

WHEN: Monday, July 28, through Wednesday, July 30, 2008

WHERE: Bali, Indonesia, The Bali International Convention Center at the Westin Resort Nusa Dua

WHY: Hot topics like the commercialization of microcredit will be on the agenda at this convergence of social entrepreneurs, donors, researchers, investors, and practitioners from 50 countries, including Asias microcredit leaders: Prakash Bakshi, Chief of NABARD (India), Fazle Hasan Abed, Founder of BRAC (Bangladesh), Shafiqual Haque Choudhury, Founder of ASA (Bangladesh), and RM Malla, Chair of SIDBI (India).

PLEASE PRE-REGISTER FOR PRESS OPPORTUNITIES:
PRESS CONFERENCE with the Presidents, Dr. Yunus, and Mr. Daley-Harris, July 28 at 11am Bali time
Location: International Conference Center at the Westin, Bali

GLOBAL CONFERENCE CALL with the President of Indonesia, Dr. Yunus, and Mr. Daley-Harris
Time: Monday, July 28, at 9:45am Eastern US time (2:45pm London time)

Since 1997, the Microcredit Summit Campaign, a project of Washington, DC-based RESULTS Educational Fund, has become the worlds largest global network of microcredit stakeholders, including 3,600 microfinance institutions in 134 Countries. As of December 2006, our member organizations provided loans and other financial services to help more than 133 million of the worlds poor families lift themselves out of poverty through self-sufficiency. This includes 92 million families who were living on less than one U.S. dollar per day when they took out
their first loan. By 2015, the Microcredit Summit Campaign aims to provide leadership, guidance, and support to ensure that, in keeping with the United Nations Millennium Development Goals:
(1) A total of 175 million of the worlds poorest families, especially women of those families, receive credit for self-employment and other financial and business services; and
(2) 100 million families rise above the US$1 a day threshold, adjusted for purchasing power parity. For more information, please visit www.microcreditsummit.org. Address: 750 First Street NE, Suite 1040, Washington, DC 20002, USA.

SOURCE The Microcredit Summit Campaign
CONTACT: Denise Hughes,
+1-917-549-2621,
denise@creative-connectors.com,
Eileen White Read,
+1-202-637-9600,
eread@microcreditsummit.org,
both of The Microcredit Summit Campaign
Web site: http://www.microcreditsummit.org

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