Unlike at traditional banks, portfolio managers for microfinance institutions need to travel daily to villages and often the homes of their clients as a key part of building a bond with the entrepreneurs they want to ensure succeed with the loans they take from WPF’s partners. This means long days …
Reaching Entrepreneurs in Ukraine with Anisia
In Ukraine, Whole Planet Foundation is helping local Credit Union Anisia to better serve very small rural enterprises with financing that adapts the successful group loan methodology used internationally, but rarely in Central and Eastern Europe. Anisia launched this new outreach strategy to Ukrainian entrepreneurs by partnering with an innovative …
Financial Inclusion for What? Celebrating Financial Inclusion Week with a profile of CASHPOR
During this year’s Financial Inclusion Week, Accion’s Center for Financial Inclusion asks, “Financial Inclusion for What?” In other words, what are the main goals that financial inclusion is striving to achieve? Whole Planet Foundation (WPF) has been a unique capital provider in the financial inclusion space for almost 15 years. …
135 Advocates Join the Poverty is Unnecessary Project
The Poverty Is Unnecessary Project includes Poverty Is Unnecessary Fund members donating $25,000 each to alleviate global poverty, and the Poverty Is Unnecessary Benefit & Auction that will celebrate the impact of this work by Whole Planet Foundation and its many supporters. This year’s generous Poverty Is Unnecessary Fund partners contributing $25,000 each are …
Whole Planet Foundation and Major Donors are Alleviating Poverty in Florida through Grameen America
Featured photo: Some of our group with microcredit client Yareli and her daughter, in her bakery. Photo courtesy of Olivia Hayden. Whole Planet Foundation alleviates poverty in 17 cities in the United States and 75 additional countries that supply Whole Foods Market stores with products. In Miami, the Foundation supports …
New Mobile Phone Services Empower Rural Businesses in Cote D’Ivoire
Last month I went Cote D’Ivoire to visit WPF long-time microfinance partner PAMF, who administers group microloans to rural entrepreneurs and farmers. This visit allowed me to observe the initial roll-out of a new mobile phone-based platform that WPF provided grant funding to help build. The platform will allow anyone …
Anh Chi Em (ACE)
The Anh Chi Em program (ACE) was founded by the French NGO Entrepreneurs du Monde (EdM) in 2007 in Dien Bien Phu, Viet Nam. It aims to empower the poor and vulnerable in the mountainous and remote areas of North Vietnam through the provision of responsible financial services and capacity …
Front Line Financial Inclusion: Field Officer Appreciation Award – Asia/Pacific
“Microfinance has always been a high-touch business, with personal contact playing an indispensable role in the delivery of financial services for low-income clients. Human relationships and values like trust and empathy are crucial in determining whether a microfinance institution (MFI) will be able to grow and remain sustainable. And it …
Wakili
Wakili, meaning willingness and perseverance in local dialect, is a program created by Entrepreneurs du Monde in 2016 for people excluded from access to traditional systems of financing. It supports groups of micro-entrepreneurs from the most vulnerable communities to develop income generating activities and improve the living conditions of their …
Assilassime Solidarite
Assilassimé Solidarité (“Hand in hand” in the local Ewé language) is a unique microfinance organization in Togo. It prioritizes vulnerable people: those living with HIV (PLHIV) or a disability, single mothers, widows, sex workers, etc. The organization does not require any guarantee or collateral from borrowers. It takes into account their personal circumstances …