MPs to debate on Microfinance Effectiveness in Eradicating Poverty

The All-Party Parliamentary Group (APPG) on Microfinance will be hosting a debate to discuss the effectiveness of microfinance in eradicating poverty on 19th October 2010 at the House of Commons, London.

Microfinance has been hailed as an effective and sustainable tool to combat poverty. However, recent studies have challenged the extent to which microfinance can really lift people out of poverty and whether it is really having the impact that its supporters propose.

A panel of eminent speakers, facilitated by Annette Brooke MP, Chair of the APPG on Microfinance, will discuss this critical issue and debate the question: Is Microfinance an Effective Tool for Helping Eradicate Poverty?

The event will be attended by Parliamentarians, academics, research fellows and representatives from microfinance organisations. Attendees will be encouraged to participate in the debate and vote on which team has put forward the most convincing argument.

Dr Milford Bateman, Research Fellow, Overseas Development Institute and Professor Malcolm Harper, Emeritus Professor, Cranfield School of Management will be debating against microfinance as an effective poverty alleviation tool. Whereas Dr Martin Greeley, Research Fellow, Institute for Development Studies and Gareth Thomas MP, Shadow Minister for International Development will be debating for the motion.

The APPG on Microfinance was established in 2002 to raise awareness of microfinance and the role it can play in reducing poverty, particularly in the developing world. The APPG has more than 30 members from both the House of Commons and the House of Lords, representing all of the main political parties. RESULTS UK provides the Secretariat to the group.

If you would like to attend the event or would like further information, please contact louise.holly@results.org.uk.

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