If microfinance is so effective, then why hasn’t the industry put informal moneylenders out of business? This is the question that a recent paper, Microfinance for poverty alleviation: Do transnational initiatives overlook fundamental questions of competition and intermediation? in Transnational Corporations and accompanying blog set out to find the answer …
KOMIDA’s Social Performance Management Journey
KOMIDA: Investing in a Future without Poverty in Indonesia As part of Whole Planet Foundation’s annual due diligence visits to our microfinance partners around the globe, we observe the presence or absence of “responsible finance indicators” which shed light on how our partners are serving the world’s poorest people. Many …
Field Officer Award, Asia and the Pacific
March 8 is International Women’s Day and we’d like to spotlight some of our microfinance partners’ incredible field officers for the contributions they make to their institutions and the microcredit clients (borrowers) they serve. This year we have 14 award winners for the Asia/Pacific Region, half of which are women. …
Field Officer Appreciation Award – Asia/Pacific Region
In the latest edition of the WPF Field Officer (FO) Appreciation Award, the Asia/Pacific Region collected 13 nominations from our regional partners in 2016/17. Congratulations to all the finalists and honorable mention winners! The Finalists WPF awarded prizes to 5 finalists. Each finalist received a $500 prize. The prize was …
Adding Value in Sri Lanka
This blog comes to us from Claire Kelly, WPF’s Regional Director for Asia/Pacific. Adding Value: Berendina’s Enterprise Development Services (EDS) Providing access to credit is the fundamental service of all of Whole Planet Foundation’s microfinance partners. But what is the best way to support borrowers as they use their loan …
Sanitation Microfinance in Asia
Claire is the Asia/Pacific Regional Director for Whole Planet Foundation. She is responsible for overseeing and expanding a portfolio spanning the region – from Pakistan to Samoa. Whole Planet Foundation’s partner in Indonesia, KOMIDA, analyzed their client information and determined that about 60% of their clients do not have access …
Honoring Field Officers in Vietnam
Field Officers with our partner TYM in Vietnam are known to go above and beyond! TYM has nominated two subsequent Field Officer Appreciation Award Grand Prize winners, Nguyen Thi Hang and Mrs. Dang Thi Vinh. Mrs. Hang has been assigned to work in some of the most poor and challenging areas. To …
Chai: The Way it is Supposed to Be
My name is Felicia. I am the bakery buyer at the Davie, Florida Whole Foods Market store. I am an avid lover of chai tea, constantly looking for the best blend, even making my own concentrate. In September 2015, I went to India with the Whole Foods Market Team Member …
Microfinance Institutions of the Year Make an Impact in their Communities
In January 2015, we launched the Microfinance Institution (MFI) of the Year Award to acknowledge and appreciate our outstanding partners demonstrating leadership in the microfinance industry both regionally and globally. The award features organizations that continue to responsibly provide sound financial services while incorporating new, more and/or better products and services for …
Shan Valley Helps Us Fund Microcredit in Myanmar
Our partner Shan Valley shares the story of tea sourcing in Myanmar, which was recently approved as our 68th country project. Whole Planet Foundation is committed to alleviating poverty in countries where Whole Foods Market sources product. These product connections enable us to fund microcredit in a given country. Learn …
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