Below you'll find a list of all posts that have been categorized as “Microcredit”
Whole Planet Foundation was created to support communities worldwide where Whole Foods Market sources products. Flowers for Whole Foods Market stores across the US, Canada, and the UK, along with many other products, are sourced in large quantities from Colombia — so while it’s perhaps a bit of a happy …
According to The World Bank, approximately 20% of the world’s population does not have a toilet in their home. Cost can be one challenge for a household. According to CGAP, “In Indonesia, for example, connection to piped water systems averages $150, while a flush toilet can cost around $250. For comparison, …
A few months ago, I visited WPF partner Thrive Zimbabwe with Daniel Zoltani, Whole Planet Foundation’s Global Director of Programs. We met many micro-entrepreneurs who had taken loans from Thrive for their small businesses. Some grew mushrooms to sell in the market and to stores. Others traveled to South Africa …
At Whole Planet Foundation, we hold that microfinance is not a “silver bullet,” but an important component in a series of factors which can permanently lift people, families, and communities out of poverty. Additionally, because people near the base of the economic pyramid often rely on subsistence farming or basic …
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: 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 …
This two part guest blog series comes to us from Sophie Eckrich, a former Whole Planet Foundation intern and founder of Teysha. Ten years ago, I embarked for a life-changing journey as an intern for Whole Planet Foundation with their microfinance partner, Grameen Bank, in Panajachel, Guatemala. I was 19 …
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 …
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 …
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 …
