ID Ghana Clients

Giving Thanks with the Field Officer Award: Africa and the Middle East

Whole Planet Foundation Field Officer Awards, Field Team Blogs, Microfinance Partners 0 Comments

During this holiday season, our team is thankful to our network of microfinance institutions, the implementing partners who administer the microloans Whole Planet Foundation funds. These partners employ staff members who serve microcredit clients, sometimes traveling miles by foot or motorbike to reach some of the least-served entrepreneurs around the …

Cash Shortages Create Problems in Zimbabwe

Zoe So Field Team Blogs, Microcredit, Microfinance Partners, Sub-Saharan Africa, Travel 2 Comments

A few months ago, I visited WPF partner Thrive Zimbabwe with Daniel Zoltani, Whole Planet Foundation’s Global Director of Programs. We met many micro-entrepreneurs who had taken loans from Thrive for their small businesses. Some grew mushrooms to sell in the market and to stores. Others traveled to South Africa …

honduras farmers

Farming + Finance for a Path out of Poverty

JP Kloninger Field Team Blogs, Foundation News, Latin America and the Caribbean, Microcredit, Microfinance Partners 0 Comments

At Whole Planet Foundation, we hold that microfinance is not a “silver bullet,” but an important component in a series of factors which can permanently lift people, families, and communities out of poverty.  Additionally, because people near the base of the economic pyramid often rely on subsistence farming or basic …

staff at BRAC myanmar standing in front of the branch office

Microfinance vs. Informal Finance: A Fair Comparison?

Claire Kelly Asia and the Pacific, Field Team Blogs, Microcredit, Microfinance Partners 0 Comments

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’s Social Performance Management Journey

Claire Kelly Asia and the Pacific, Field Team Blogs, Microcredit, Microfinance Partners 1 Comment

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 …

Financial Diaries: Lessons from Small Enterprise Foundation in South Africa

Zoe So Field Team Blogs, Microcredit, Microfinance Partners, Sub-Saharan Africa 2 Comments

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 …

The Importance of Savings in Burkina Faso

Brian Doe Field Team Blogs, Microfinance Partners, Sub-Saharan Africa 0 Comments

View a French translation of this blog post. Madeleine, the President of one of Yikri Burkina Faso’s microfinance groups, has successfully taken business loans to support livestock rearing activities. However, when explaining the difference the Yikri program had made in her life, she first recounted not the impact of credit on …

Funding the Graduation Model in Haiti and Uganda

Zoe So Field Team Blogs, Latin America and the Caribbean, Microcredit, Microfinance Partners, Sub-Saharan Africa 3 Comments

Whole Planet Foundation is committed to investing in entrepreneurs and entrepreneurial solutions to alleviating poverty, now and for future generations. Since the beginning, we’ve remained focused on supporting microfinance organizations that target the most marginalized, excluded, or poorest entrepreneurs. But in some cases, households trapped in extreme poverty aren’t able …