Brazilian bank Itau Unibanco recently joined the Business Call to Action (BCtA), a multi-organization initiative that seeks to reduce poverty through the private sector in support of the United Nations Millenium Development Goals (MDGs). Itau Unibanco reportedly plans to open up an estimated USD 167 million in business microloans for urban entrepreneurs in Brazil. Sahba Sobhani, BCtA Acting Programme Manager at Itau Unibanco, reportedly said, “As part of its commitment to the BCtA, Itau Unibanco will develop a new evaluation tool to measure the impact of microcredit loans on clients’ lives, including changes in income, increased financial literacy, and enrollment in additional banking products such as insurance and debit and savings accounts.”… Member companies [to BCtA ]commit to promote financial access and reduce poverty “through commercially-viable business ventures that engage low-income people as consumers, producers, suppliers, and distributors of goods and services.”…