Funding for Microcredit is New: Verner and MacKay

Published: Wednesday, 12/06/2006 12:00 am EST

At the opening of the World Microcredit Summit which took place in Halifax last month, we announced that Canada's government will contribute, through the Canadian International Development Agency, $40 million to three Canadian organizations for microcredit projects in developing countries (Re: "Microcredit Cash Suspect, Not Supportive" Letter, Nov. 29). This reflects Canada's strong support for the Global Microcredit Summit Campaign's goals.

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