Microfinance at a Crossroads: How Best to Create Value for the World's Poorest Citizens (Knowledge@Wharton)

Although reliable statistics are hard to come by, there is evidence at all levels that microfinance is growing dramatically. As of the end of 2004, according to the Microcredit Summit Campaign Report, more than 3,000 microcredit institutions reported reaching over 92 million clients, two thirds of whom "were among the poorest when they received their first loan."