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 …
Whole Planet Foundation has funded microfinance partner Grameen America since 2007, contributing $4.7 million to date to alleviate poverty in the United States in 14 cities including New York. Grameen America is dedicated to helping entrepreneurial women who live in poverty build businesses to generate income for themselves and their …
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 …
This year’s Power Her Potential Women’s Expo empowered women both locally and abroad. We aimed to raise $10,000 to alleviate poverty by supporting some of the poorest entrepreneurs, mostly women, all over the world. We’re proud to report that attendees and sponsors of the event, which was held on June …
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 …
Announcing the Power Her Potential Women’s Expo for women and those who love them. With panels, workshops, classes, crafts, kids activities, food, drink, and more, this event is a perfect weekend outing for the whole family! Essential Info What: Power Her Potential Women’s Expo When: June 2, 2018 • 10AM-6PM …
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 …
Meet Pierrette, a mother of five, a moringa farmer, and entrepreneur from Benin, West Africa. After tragedy hit her family, she formed a moringa farming cooperative. She was able to pull herself and 133 women members out of poverty by growing, processing, and selling moringa tree leaves. Growing Women’s Empowerment …
