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[[Image:YOmicrocredit2005.jpg|right|400px]]'''International year of Microcredit''' is a special event of the [[United Nations]] which took place in the year [[2005]]. The year was launched on [[November 18]] [[2004]].
'''International Year of Microcredit''' is a special event of the [[United Nations]] which took place in the year 2005.<ref>{{Cite web |title=International Year of Microcredit |url=https://www.gdrc.org/icm/iym2005/index.html |access-date=2024-06-18 |website=www.gdrc.org}}</ref> The event highlighted [[microfinance]] as an instrument for [[socioeconomic development]].
The event highlighted [[microfinance]] as an instrument for socio-economic [[development]].


The event was launched on November 18, 2004.
The Economic and Social Council of the United Nations proclaimed the year 2005 as the International Year of Microcredit to call for building inclusive financial sectors and strengthening the powerful, but often untapped, entrepreneurial spirit existing in communities around the world. There are five goals associated with "The Year" which are:

== Goals ==
The [[United Nations Economic and Social Council]] proclaimed the year 2005 as the International Year of Microcredit to call for building inclusive financial sectors and strengthening the powerful, but often untapped, entrepreneurial spirit existing in communities around the world.

There are five goals associated with "The Year" which are:


# Assess and promote the contribution of microfinance and microcredit to the MDGs;
# Assess and promote the contribution of microfinance and microcredit to the MDGs;
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==See also==
==See also==

* [[International observance#Years|United Nations International Years]]
* [[International observance#Years|United Nations International Years]]

== References ==
{{reflist}}


==External links==
==External links==


*[http://www.yearofmicrocredit.org/ Official webpage]. Text used with permission.
*[http://www.yearofmicrocredit.org/ Official webpage]. Text used with permission.
*[http://www.un.org/events/microcredit/ International Year of Microcredit 2005]
*[https://www.un.org/en/events/pastevents/microcredit_2005/ International Year of Microcredit 2005]
*[http://www.un.org/Depts/dhl/events/microcredit/ International Year of Microcredit, 2005]

[[Category:Development]]
[[Category:2005]]
[[Category:United Nations observances|Microcredit, International Year of]]


[[Category:History of international development]]
[[Category:2005 in economic history]]
[[Category:United Nations observances]]
[[Category:2005 in international relations]]


{{UN-stub}}
{{UN-stub}}
{{UN International Years}}

Revision as of 13:43, 18 June 2024

International Year of Microcredit is a special event of the United Nations which took place in the year 2005.[1] The event highlighted microfinance as an instrument for socioeconomic development.

The event was launched on November 18, 2004.

Goals

The United Nations Economic and Social Council proclaimed the year 2005 as the International Year of Microcredit to call for building inclusive financial sectors and strengthening the powerful, but often untapped, entrepreneurial spirit existing in communities around the world.

There are five goals associated with "The Year" which are:

  1. Assess and promote the contribution of microfinance and microcredit to the MDGs;
  2. Increase public awareness and understanding of microfinance and microcredit as vital parts of the development equation;
  3. Promote inclusive financial sectors;
  4. Support sustainable access to financial services, and
  5. Encourage innovation and new partnerships by promoting and supporting strategic partnerships to build and expand the outreach and success of microcredit and microfinance.

See also

References

  1. ^ "International Year of Microcredit". www.gdrc.org. Retrieved 2024-06-18.

External links