Support for Savings: How Microfinance Partners add Value to their Clients

Whole Planet Foundation Asia and the Pacific, Field Team Blogs, Latin America and the Caribbean, Sub-Saharan Africa 0 Comments

Whole Planet Foundation’s funds are provided to our partner microfinance institutions (MFIs) to be distributed to borrowers as microloans or in-kind productive assets (like cows, sewing machines, or solar lamps). For most of our partners, the loan is given in a “credit-plus” context. This means that the MFI would provide …

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 …