CGAP

WASHINGTON, October 13, 2011 - The microfinance industry is stepping up its efforts around responsible finance, including consumer protection measures and efforts to prevent over-indebtedness, according to CGAP, the global industry body dedicated to advancing financial access for the world's poor.

WASHINGTON, October 11, 2011 - Financial services have traditionally been out of the reach of people in poor and remote areas in Pakistan.

WASHINGTON, June 14, 2011 - First prize in the 2010 CGAP Microfinance Photography Contest goes to Mohammed Rakibul Hasan for "The Tannery Industry." Hasan took the photograph, in which hundreds of hides turn golden in the sun, in his hometown of Dhaka, Bangladesh, where there are many small tanneries.

WASHINGTON, March 4, 2011 - CGAP today released the following statement from Tilman Ehrbeck, CGAP CEO, and Vijay Mahajan, Chair of CGAP's board, on the efforts to remove Nobel Prize winner Muhammad Yunus as Managing Director of Grameen Bank: "We are deeply concerned by the campaign of the past few months and recent legal actions to remove Muhammad Yunus as managing director of Grameen Bank.

WASHINGTON, December 9, 2010 - In the midst of the microfinance crisis in the Indian State of Andhra Pradesh, CGAP CEO Tilman Ehrbeck has called for the microfinance delivery model to evolve to support healthy growth and the development of a broad range of products and services that poor people need.