Magnusson made some great points on fairness worth reflecting on:
- The world's richest 500 people are richer than the poorest 416 million people.
- Globally, 115 million children are denied basic primary education.
- The average Japanese lives 35 years longer than someone living in Burkina Faso.
- On financial exclusion: While 99 percent of Demark's population has bank account, in Zambia only 5 percent of the population has one.
- The minimum amount to open a checking account (as a percent of GDP per capita): More than 50 percent in Uganda, 40 percent in Malawi, and 20 percent in Ghana.
- Only one percent of Africans have a loan or credit facility with a formal financing institution.
Magnusson sees microfinance as a powerful solution to these inequities. Microfinance is in all regions of the world, reaching 90 million clients, with more than 3,000 microfinance institutions, and 1,000 NGOs, foundations, and agencies.