On 9 October 2013, the Micro-credit Summit 2013 kicked off with an opening ceremony at Philippine International Convention Center in Manila. This is the 16th Summit organized by the Campaign, since the first Micro-credit Summit that took place in Washington DC in 1997, and continued until 11 October.
More than 1,000 participants from around the world convened at the Philippine International Convention Center (PICC) in Manila to exchange best practices, discuss policies and share experiences. The Summit Campaign of 1997 exceeded its target of reaching 100 million poorest families with micro-credit and other financial services by 2005. The 2013 Summit focuses on “Partnerships against Poverty: Government, Business, Finance and Civil Society” which seeks to broaden the movement to include other programs such as education and health and private-public partnerships as way to sustain pathways out of poverty for the millions around the world. Philippines was one of the first countries in the world to take the Grameen Bank experience and replicate it widely across south-East Asian archipelago.