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p. 10 of 95 BACK | NEXT Message from the Chairman of the Board of Directors Members, Capital Stock and Voting Power The Record Abbreviations 2004 in Review: Board of Directors' Report New and Revised Policies and Procedures Development Partnerships Governing Structures Financing Operations Funding Financial Resources Loans Technical Assistance Grants Equity Investments Cofinancing and Guarantee Operations Resource Transfers Private Sector Operations Special Theme: The Changing Face of the Microfinance Industry: Building Financial Systems for the Poor Part 1: Institutional Effectiveness Part 2: Poverty Reduction Part 3: Financial Statements: Management's Discussion and Analysis

Annual Report 2004 : 2004 in Review: Board of Directors' Report

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Financing Operations

Funding

Financial Resources

Loans

Technical Assistance

Grants

Equity Investments

Cofinancing and Guarantee Operations

Resource Transfers

Private Sector Operations

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