Posts Tagged ‘Caribbean’

Microfinance Focus, Nov. 3, 2009: Yeardley Smith, the voice of Lisa Simpson on the award-winning animated television series, The Simpsons, has donated $1.14 million to Grameen Foundation and Fonkoze, a Haitian microfinance institution. The donation of $900,000 to Grameen Foundation will support a new initiative geared toward expanding micro-loans and other sustainable opportunities for people living at the very bottom of the economic ladder. The donation of $240,000 ... Full story

Microfinance Focus, Oct. 1, 2009: Swiss fund manager BlueOrchard Finance has been chosen to manage the US-backed fund Microfinance Growth Facility (MIGROF) worth US$250 million, which was created recently to support the growth of MFIs to refinance their lending activities to people with no access to main banks. Full story

Microfinance Focus, Sept.1, 2009: Declining U.S. economy through July has impacted remittances and have had profound rippled effects on the economies of Caribbean countries, according to new research from Map Financial Group, a leading microfinance lender in the region. Facing hardship in the United States, American relatives have dropped remittances by an estimated 9% on an annualized rate to their families residing on the Caribbean ... Full story