Today is World Refugee Day, a time to celebrate the courage of refugee children, women and men around the world. The UN just announced a new figure for the global refugee crisis: Every 60 seconds, 20 people are displaced by conflict and disaster. They are fleeing for their lives. The refugee crisis is real—but we know the solutions are too. That's why your participation today is so important.
HONG KONG, June 13, 2017 /3BL Media/ - The Wall Street Journal has celebrated the winning enterprises of The Financial Inclusion Challenge 2017, sponsored by MetLife Foundation. BIMA, Kinara Capital and Entrepreneurial Finance Lab were all recognized as leaders in the field of financial inclusion at an awards ceremony at the Hong Kong Maritime Museum.
Marketing makes us want to buy all kinds of stuff. But can marketing magic make saving more appealing, fun, or even cool?
Virtually everyone would like to retire comfortably and to be free from financial worry on a daily basis. Yet, many people don’t save enough even for unexpected expenses—a proposition that’s even more challenging for low-to-medium income people. Look to a U.S. Federal Reserve Board survey published in May 2016, in which 46 percent of respondents said they couldn’t cover even a $400 emergency expense without selling something or borrowing money.
MetLife Foundation designed its financial inclusion strategy after extensive consultation with global leaders in the industry. We wanted to ensure that our work built on, rather than duplicated, efforts already underway. And we wanted to take full advantage of our strengths: the Foundation’s global reach, MetLife’s years of expertise and stability as one of the largest insurance companies in the world, and the support of thousands of MetLife associates eager to volunteer with the Foundation.
by Zoe So, WPF’s Program Manager for the Africa/Middle East region
Microfinance provides opportunities for borrowers to start and reinvest in businesses; generate income; and carve their own pathways out of poverty. But the path isn’t always so smooth. Poor households are especially vulnerable to economic shocks, ranging from common situations like illness and death in the family, to exceptional crises like health epidemics, natural disasters, and political instability.
Capital Institute's Field Guide to a Regenerative Economy reveals the science behind the revitalization of Tottenville and similarly-neglected communities of Americans who self-identify as voiceless and forgotten.
STATEN ISLAND, N.Y., May 9, 2017 /3BL Media/ — Seventy percent of New York City voters threw their support behind Hilary Clinton in the 2016 presidential election, and yet 70 percent of Staten Islanders voted for President Donald Trump. No community better represents this dichotomy between New York City’s inner and outer boroughs than Tottenville, a Staten Island hamlet once known as The Town the Oyster Built and now called—by some residents—Forgottenville.
This blog post comes to us from Brian Doe, WPF Regional Director for Africa and the Middle East.
In April 2017, Whole Planet Foundationsigned a contract with a new microfinance partner in greater Accra called ID Ghana. To gain insight into the bustling Makola market in Accra, it may be helpful to read this 2015 article in the New Yorker profiling Ghanaian business owners.
Answering the call for increasing energy self-reliance, a grassroots electricity-sharing model is emerging. “Community microgrids,” comprising community-owned or subscribed solar PV and other renewable energy sources, offer participants and surrounding consumers the security of energy resilience in times of grid failure and protection from energy price increases driven by volatile energy markets. They also give energy producers/consumers (aka “prosumers”) more control over the renewable energy they generate.
Watch this video to see how technology is accelerating financial inclusion in Bangladesh. MetLife Foundation's partner BFA is doing ground-breaking work to embed the right technology and technical capabilities in local nonprofit organizations on the ground like Sajida, working with women entreprenuers to help them navigate life's challenges and opportunities.
When I met Lee in Aoniben, China for the first time, she was too shy to look at us. Partnering with the United Nations Development Program and the All China Women's Federation, we aimed to reduce poverty at a village level by helping local women collectively start a business. When we asked the group of Yi women what kind of start-up they’d be interested in, Lee pointed to her Yi style outfit and asked us to start Yi Embroidery.