Flexible lending conditions and mobile loan eligibility assessment app making small loans possible for small businesses and entrepreneurs in Kazakhstan, particularly in rural areas
ALMATY, Kazakhstan, October 31, 2018 /3BL Media/ – KMF, a Kazakhstan-based microfinance organization, joins Business Call to Action (BCtA) with a commitment to expand access to financial products and services for 40,000 new micro-, small- and agrobusiness customers across Kazakhstan by the end of 2018. KMF also commits to ensuring at least half of its new clients will be women, and will actively engage potential clients from rural areas.
Whole Planet Foundation is proud to partner with Pulse Centers, the Gold Sponsor of its Annual Benefit & Auction taking place on October 25, 2018. This party with a purpose celebrates the foundation’s global impact in 74 countries and aims to motivate more advocates to join its mission.
Partners commit $200,000 to alleviate global poverty through microcredit
This October, Whole Planet Foundation celebrates its global impact on poverty and the partners who further its mission. In 2005, Whole Foods Market® launched Whole Planet Foundation, its non-profit dedicated to global poverty alleviation in communities around the world where the company sources products. The Poverty Is Unnecessary Project spotlights Poverty Is Unnecessary Fund partners, who collectively are committed to donating $200,000 to alleviate poverty through microloans, and culminates in the foundation’s signature event of the year on October 25, known as Poverty is Unnecessary Da
From JetBlue’s “BlueBud” initiative to help small food companies to Patagonia’s funding of entrepreneurial ideas with its “$20 Million & Change” program, investing in small businesses and startups has been a trending initiative for many big businesses in recent years. Now one of the largest global brands is joining the fray, creating a win-win scenario for all parties involved.
by JP Kloninger, Regional Director for the Americas
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 food trade for their livelihood, significant resources have gone into supporting smallholder agriculture in the developing world.
Back in 2007, when Matt and Catherine O’Hayer started pasture-raising hens, their thoughts were never just on the birds in their care, but in using whatever means at their disposal to affect lasting change. Directly, that meant challenging long-held assumptions in the food business – that sustainable could not mean scalable, and vice versa. That challenged Matt to pioneer an entirely new on-shelf category in the egg set – pasture-raised – and disrupt an industry that had become moribund and commoditized.