Posts Tagged ‘GRAMEEN FOUNDATION’

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Grameen Foundation, YouChange Foundation to expand microfinance in China

Microfinance Focus, Sep 23, 2010: Grameen Foundation and the China Social Entrepreneurship Foundation (YouChange Foundation) have entered into an agreement to increase access to microfinance poor people in China. The agreement was signed recently during the Sub-Forum on Rural Finance session at the YouChange Foundation's Social Innovation Forum. Beijing based YouChange PuRong Information Advisory Co. Ltd. is a social business that represents a unique partnership between ... Full story

New Standards for using Grameen Foundation’s Progress out of Poverty Index

Microfinance Focus, Aug 26, 2010: Grameen Foundation, a global non-profit organization has recently released a set of standards for strengthening the use of its poverty assessment tool, the Progress out of Poverty Index (PPI). The standards are a pre-cursor to a formal certification program the foundation will roll out this fall.   PPI users can apply the standards to assess their use of PPI data and identify ... Full story

Citi supports Grameen Foundation’s human capital management efforts in Microfinance

Microfinance Focus, Aug 6, 2010: Citi Foundation has awarded a grant of $100, 000 to Grameen Foundation for expanding its global program of addressing Human Capital Issues in Microfinance industry. The initiative helps MFIs address challenges with attracting, retaining, and developing the dedicated, talented staff they need to achieve their mission and attain more sustainable growth.  The foundation also received an additional $25,000 to support ... Full story

Grameen Foundation teams up with ThoughtWorks to expand Microfinance Technology Platform

Microfinance Focus, July 28, 2010: IT consultancy, ThoughtWorks Inc. has partnered with Grameen Foundation for its global initiative of providing software engineering services to Grameen’s Mifos platform. The partnership will help in extending the Microfinance Technology Platform to Global Communities. The project will extend Mifos' capabilities to meet the changing demands of the microfinance industry. These efforts represent ThoughtWorks' commitment to use its technical expertise towards ... Full story

Industry Practitioners confront claims of ‘Microfinance Failure’

Microfinance Focus, April 09, 2010: Afflicted with faulty media reports and researches over the real impact of microfinance in poverty alleviation, industry practitioners like ACCION International, FINCA, Grameen Foundation, Opportunity International, Unitus and Women’s World Banking have come together to confront the claims with their first hand experiences of the microfinance sector. In a press release issued by ACCION, these organizations have expressed their perspective ... Full story

Grameen Foundation, Standard Chartered Bank host East African Microfinance Investment Conference

Microfinance Focus, Feb. 20, 2010: Grameen Foundation and Standard Chartered are hosting an industry conference today in Nairobi, Kenya, to help MFIs navigate these changes and take advantage of new funding opportunities that can fuel their growth and outreach to more of the region's poor people. Professor Njuguna S. Ndung'u, governor of the Central Bank of Kenya, will deliver the keynote address at the opening session. ... Full story

New Microfinance Initiative to track poverty reduction in Mali, Senegal

Microfinance Focus, Feb 19, 2010: Grameen Foundation has announced a two-year initiative to help African microfinance institutions (MFIs) better target poor clients and track how they are moving out of poverty. The first of its kind in Africa, the initiative is being organised by the PPI™ Users Collaborative in Africa (PUCA), a new, multi-stakeholder group that unites five charter partners – Oikocredit, Catholic Relief Services, Terrafina ... Full story

JP Morgan provides $3M grant to Grameen Foundation’s BwB Initiative

By Nagesh Narayana Microfinance Focus, Feb 5, 2010: Supported by a three-year, $3 million grant from JPMorgan Chase Foundation, an inaugural sponsor of the program in 2008, Grameen Foundation has announced it is expanding its Bankers without Borders® (BwB) initiative, which taps senior working professionals for short-term, field-based or remote skills-based projects supporting microfinance institutions (MFIs) and technology-for-development initiatives. Since the program's launch, approximately 3,000 professionals from ... Full story

Microfinance institutions step up relief for quake-hit Haitians

Microfinance institutions step up relief for quake-hit Haitians
By Nagesh Narayana Microfinance Focus, Jan. 30, 2010: In the past, microfinance services have helped to empower and provide stability for poor Haitians but the need is far greater now with the 7.0 magnitude earthquake devastating the nation on January 12 and leaving 200,000 dead. Those who survived were left without food and water for days and ... Full story

MIFOS – Open Source Software for Microfinance in New avatar

Microfinance Focus, Jan 24, 2010: Grameen Foundation announced the latest release of MIFOS, an open source software platform for microfinance.  MIFOS 1.4 is the first version available in Spanish and also provides support for Firefox 3.0 and integration with banking and other systems.  This marks a significant step forward in extending an open platform that gives the entire microfinance industry cost-effective access to technology, according ... Full story

Grameen Foundation plans relief for Haiti quake victims through microfinance

By Naagesh Naaraayana Microfinance Focus, Jan. 14, 2010: Grameen Foundation, USA has announced a recovery plan to help the thousands of poor families devastated by the recent earthquake in Haiti. "The news coverage of emergency rescue and relief efforts (for earthquake victims) make it clear that we have to act now. We need to follow up -- with both a short- and long-term economic recovery plan -- ... Full story

Bill & Melinda Gates foundation grants $38M to top microfinance organisations

Microfinance Focus, Jan. 13, 2010: The Bill and Melinda Gates Foundation will provide 6 grants totalling $38 million to create and safe and affordable affordable places for the poor, it was announced on Wednesday. The grants aim to provide 11 million people with access to savings over the next five years across Latin Amercia, Asia and Africa, the Gates Foundation said in a statement. The funds will ... Full story

Mitra Dhuafa microfinance program helping Tsunami Recovery in Indonesia with GF support

Mitra Dhuafa microfinance program helping Tsunami Recovery in Indonesia with GF support
Microfinance Focus, Dec 22, 2009: Mitra Dhuafa, an Indonesian microfinance institution with the collaboration of Grameen Foundation (GF) has provided more than $2.2 million in funding to help more than 16,000 women in Banda Achenese, the region closest to the tsunami's epicenter. The funds and support has helped their families recover from the tragedy by ... Full story

Grameen, Oxfam report focuses on microfinance in climate change

Microfinance Focus, Dec. 3, 2009: Grameen Foundation and Oxfam America have released a new report which examines the critical role microfinance institutions (MFIs) can play in mitigating the impact of climate change on poor people. Written by Asif Dowla, a noted microfinance expert and professor of economics at St. Mary's College, the report, Climate Change and Microfinance, points to some of the key poverty-related issues that ... Full story
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