International Year of Microcredit 2005
 

World Tourism Organization
The World Tourism Organization is a UN Specialized Agency that serves as a global forum for tourism policy issues and a practical source of tourism know-how. Its Members include 149 countries and territories as well as over 350 Affiliate Members from the public and private sectors. WTO's mission is to promote and develop tourism in a sustainable way as a significant means of fostering international peace and understanding, economic development and international trade.

Francesco Frangialli
"Tourism, composed of a wide network of micro, small and medium sized enterprises, has a great potential to contribute to poverty reduction by creating job and income opportunities. Considering that for small tourism businesses the start-up costs and barriers to entry are relatively low, microcredit represents a viable support mechanism for them. Therefore, WTO is glad to join in the activities of this International Year in order to foster the use of microcredit in the tourism sector, aiming at reaching the main UN Millennium Development Goal of poverty alleviation."

-- Francesco Frangialli, Secretary-General of the World Tourism Organization

Sustainable Development of Tourism Department
Tel: (+34) 91-567-8225
Fax: (+34) 91-571-3733

Email: env@world-tourism.org
www.world-tourism.org/sustainable/microcredit.htm

 
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