Thrive Microfinance tailors finance products to low income women in Zimbabwe which helps them open and grow businesses, afford safe housing and build their economic independence
HARARE, Zimbabwe, December 20, 2018 /3BL Media/ - Thrive, a microfinance business based in Harare, Zimbabwe believes in lending that leads to economic growth for women and girls who would ordinarily fail to access financial services from the mainstream financial sector. Thrive joins Business Call to Action with a commitment that will provide microenterprise loans and borrowing and business management training for 16,500 economically active low-income women and girls.
Sustainability reporting can really help companies of all sizes, and anywhere in the world to improve their own processes and publicly demonstrate their responsible business practices. Through its Competitive Business Program and with with the support of SECO (Swiss State Secretariat for Economic Affairs), GRI helped SMEs in Ghana report for the first time. Participating SMEs and GRI learnt that sustainability reporting can lead to clear business benefits for smaller companies in developing countries, and that digital tools can encourage and facilitate reporting.
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.