What Is the Relationship between Microfinance and the Millennium Development Goals?
In September 2000, the member states of the United Nations unanimously adopted the Millennium Development Goals (MDGs). The MDGs commit the international community to a common vision of development—one in which human development and poverty reduction have the highest priority. The objective of the MDGs is to serve as guideposts and focus the efforts of the world community on achieving significant, measurable improvements in poor people’s lives. The goals grew out of the agreements and resolutions of various development conferences organized by the UN in the 1990s.