Each year, the Campaign makes a concerted effort to include institutions that have previously not submitted Institutional Action Plans. In 2001, 57.8% of the growth in poorest clients reached came from institutions reporting for the first time covering data from December 31, 2000. A significant portion of the growth that year came from India’s National Bank for Agriculture and Rural Development (NABARD), which had expanded dramatically over the previous four years. NABARD is the apex development bank in India developing self-help groups (SHGs), many of which are linked to formal banking institutions.
Twenty-one institutions reporting to the Campaign for the first time in 2013 accounted for 1.4 million of the 115.6 million total poorest clients. However, this was a minuscule increase compared to the decrease of 8.5 million total poorest clients. Therefore, the growth resulting from institutions reporting for the first time is negative year, for the second year in a row (Table 3).
Table 3: Growth in Poorest Clients Resulting from Institutions Reporting for the First Time
(December 31, 2000, to December 31, 2012)
The growth from 7.6 million poorest at the end of 1997 to 115.6 million poorest at the end of 2012 represents a growth of 1,423% during this 16-year period (Table 4).
Table 4: Progress in reporting
(December 31, 1997, to December 31, 2012)
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Table of Contents
- Executive Summary
- Taking Steps to Target the Poorest
- A Global Context for Extreme Poverty
- Microfinance & Health Providers Can Partner for Greater Results
- Commercial & Social Businesses Can Expand Value Chains to Include Those in Poverty
- Mobile Network Operators Can Build Systems that Reach the Poorest and Most Remote
- Regulators & Policymakers Can Build a National Ecosystem for Inclusion
- Social Support Payments Can Become a Bridge to Financial Inclusion
- Being Accountable for Results
- A Commitment to End Extreme Poverty by 2030
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