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 …
Financial Diaries: Lessons from Small Enterprise Foundation in South Africa
One of the core assumptions of microfinance is that the ability to reach a large number of borrowers helps bring efficiencies, sustainability, and impact. Many microfinance organizations often talk about their success in terms of scale and big picture numbers: how many borrowers do they reach? How big has the …
L’importance de l’épargne au Burkina Faso
View the original English version of this blog post. Madeleine, la présidente d’un des groupes de microfinance de Yikri, au Burkina Faso, a souscrit avec succès un prêt pour financer une activité d’élevage. Cependant, en expliquant le changement que le programme Yikri a apporté à sa vie, elle se rappelle …
Access to Finance in Senegal
Noel (far right) borrows about $800 to stock her market stand in Senegal’s central Kaolack market- her current loan being her sixth one with the MFI CAURIE (Facebook) in Senegal. When asked where she had gotten her stock, (you can see her shelves are packed with items for sale) she …
The Importance of Savings in Burkina Faso
View a French translation of this blog post. Madeleine, the President of one of Yikri Burkina Faso’s microfinance groups, has successfully taken business loans to support livestock rearing activities. However, when explaining the difference the Yikri program had made in her life, she first recounted not the impact of credit on …
Funding the Graduation Model in Haiti and Uganda
Whole Planet Foundation is committed to investing in entrepreneurs and entrepreneurial solutions to alleviating poverty, now and for future generations. Since the beginning, we’ve remained focused on supporting microfinance organizations that target the most marginalized, excluded, or poorest entrepreneurs. But in some cases, households trapped in extreme poverty aren’t able …
Assessing Poverty with a Stoplight
This guest blog comes from Roxana Newton, Whole Planet Foundation’s Regional Director for Latin America and North America. Whole Planet supports microfinance institutions (MFIs) serving vulnerable communities and promoting financial inclusion throughout these communities throughout the world. You may be wondering: how do WPF partners identify their target client and communities? How do …
Microfinance in the Face of Adversity
Brian Doe is Whole Planet Foundation’s Regional Director for Africa and the Middle East. During annual field visits to our microfinance partners, we often see them searching for better ways to help their clients. Unexpected household shocks can seriously jeopardize the livelihoods of the poorest entrepreneurs and their families. The …
WPF Quarterly Programs Update: Quarter 1 – 2017
By Daniel Zoltani, WPF Global Programs Director with contributions from our field team: Brian Doe, Zoe So, Claire Kelly, and Roxana Newton During Quarter 1, we disbursed $571,000 to our microfinance partners and celebrated a milestone of 2 million microloans funded since inception. Our field team visited 15 countries. Latin …
WPF Quarterly Progams Update: Quarter 1 – 2017
By Daniel Zoltani, WPF Global Programs Director with contributions from our field team: Brian Doe, Zoe So, Claire Kelly, and Roxana Newton During Quarter 1, we disbursed $571,000 to our microfinance partners and celebrated a milestone of 2 million microloans funded since inception. Our field team visited 15 countries. Latin …