How does Whole Planet Foundation select MFI partners?

Dan Gaidula

Whole Planet Foundation has developed our own quality standards for our microfinance partners which are based on industry best practices. We proactively search for like-minded MFIs that are able to grow and serve more microentrepreneurs. Our Field Team first conducts desk due diligence to identify potential partners. After reviewing relevant information, a short list of potential partners is visited in person by our Regional Directors. The field visit is done to see first-hand the approach and practices of an MFI. The field team reviews the nuances of how the program works to assure a potential partner aligns with our view on pro-poor microfinance. We are looking for organizations that have as few barriers to entry as possible while operating on a financially self-sufficient basis.