We implemented this  BIS central bankers’ speeches  1  change in December 2010 and the data now shows the number of restructured loans, at 69,800 in June 2011, up from just over 59,000 in December 2010.
However, the stories behind these figures prove the power of microfinance to transform and improve lives. As co-chair of the selection committee for CMA for 10 years now, I have personally witnessed how microentrepreneurs survived scarcity by making their business a reliable source of family income – all because they accessed and sensibly used microfinance loans.