In a word, yes, microcredit is a tool to alleviate poverty but it is not a silver bullet. A poor woman and her family do not escape poverty after receiving a single loan. Without jobs, the poor are left to their own devices to provide for their families and credit …
What is microcredit?
Microfinance encapsulates a wide array of products and services from credit to savings that are designed to meet the needs of the World’s un- and underbanked. Whole Planet Foundation focuses on the credit component of microfinance and seeks partners that have a mission to and a methodology that is able …
Do microcredit clients sell products in Whole Foods Market?
In countries where Whole Foods Market sources product, we help people lift themselves out of poverty, but Whole Foods Market does not source product from microloan recipients. Microcredit loans typically support very small, home-based businesses., but Whole Foods Market does not source product from microloan recipients. Microcredit loans typically support …
How do you calculate impact?
Dashboard Statement The WPF Dashboard is a report that measures the foundation’s overall impact since inception. The dashboard is updated quarterly. The figures presented include Whole Planet Foundation’s contributions as well as reporting data from WPF’s MFI partners through the end of the reporting period. People Approx. Number of Loans …
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