Serves on the boards of microfinance foundations PinoyME and Bayan and the Maryville Urban Development Foundation, which relocates shantytown dwellers and builds permanent housing for them.
Microfinance Institution.
Microfinance institution groups .
The idea of reaching billions of the poor by achieving "scale" — a word invoked ceaselessly in the microfinance community — has enticed foundations, rich individuals, even investors into channelling millions into microfinance.
Sekem's approach is holistic, with an ethical code of conduct, schools from nursery right up to a university and a development foundation that runs microfinance projects and initiatives to help nearby farms convert to sustainable techniques.
He invests part of his foundation's endowment in microfinance groups, he says, seeking a return.
After just 10 years, working with a network of microfinance providers and financial supporters, the foundation serves 3 million people in 22 different countries.
I was fortunate to be at the proverbial fifty-yard line of microfinance at this time, advising investors, foundations and microfinance institutions (MFIs) around the world.
We are now working to scale this bond fund, and we are actively raising $5.5 million through a combination of individual donations, foundation funding, and mission-driven microfinance.
To empower entrepreneurs in low-income communities, Whole Foods Market's foundation has partnered with a microfinance organization to help budding businesses get off of the ground.
The Mobile Money for the Unbanked (MMU) programme, supported by a US$12.5 million grant from the foundation, will work with mobile operators, banks, microfinance institutions, government and development organizations to encourage the expansion of reliable, affordable mobile financial services to the unbanked.
