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When you look at its total supply of capital today there's about seven billions dollars
or so that's outstanding in microfinance institutions about thirty billion dollars kind of sloshing
around in microfinance organizations. But if you look at the total, if we were to meet
the total demand of that billion people, then the need is about three hundred billion dollars
worth of capital supply.
So then the question becomes kind of where, what are the sources of this capital? Where
do you get 300 billion dollars? If you took every single philanthropic dollar in the United
States and put it into the microfinance industry, it still wouldn't be enough capital to reach
those billion people. So, what that means is that we really have to be a commercial
industry.
We have to think about microfinance as a sustainable scalable industry that taps the commercial
sources of capital in addition to philanthropic sources of capital.