topics

tools

Expatica countries

editor's choice

40.000 signatures to prevent early release of Fortuyns killer

Listing of international schools in the Netherlands

Guide to public transport in the Netherlands

Index	Last	Var.(%)
BEL 20	2117.66	-0.08
DAX	6323.19	-0.26
IBEX 30	6401.2	-2.17
CAC 40	3042.97	-0.16
FTSE 100	5356.34	0.09
AEX	292.76	0.00
DJIA	12454.83	-0.60
Nasdaq	2837.53	-0.07
FTSE MIB	13057.26	-0.74
TSX Composite	11566.15	-0.09
ASX	4120.2	0.96
Hang seng	18800.99	0.47
Straits Times	2787.22	0.52
ISEQ 20	501.76	0.16

You are here: Home

Finance & Business

Banking

Royal address to RNW's microfinance debate

Banking

05/03/2010Royal address to RNW's microfinance debate

RNW video of the speech given by HRH Princess Máxima, in which she welcomes microfinance being looked at realistically and critically. Her address was given to those attending RNW's Microfinance: who profits? event in The Hague.

RNW video of the speech given by HRH Princess Máxima, in which she welcomes microfinance being looked at realistically and critically. Her address was given to those attending RNW's Microfinance: who profits? event in The Hague.

The princess was there not only because of the Dutch royal family's longstanding connections with RNW, but more importantly in her role as a Special Advisor to the United Nations on this very issue.

In her speech, the princess warned that some microfinance institutions (MFIs) attach greater importance to their own profit than sustainable development. Microfinance, she explained, needs always to be embedded in a total package in order to conbat poverty effectively.

She added that small entrepreneurs such as tortilla baker Linda Flores, who was also at the event in The Hague, need to be able to send their children to school.

Eric Beauchemin
Radio Netherlands