Microfinance CSR News

Vital Farms: Making Lasting Change by Supporting Small Businesses

Blog

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.

Microfinance vs. Informal Finance: A Fair Comparison?

Blog

by Claire Kelly, Asia/Pacific Regional Director

If microfinance is so effective, then why hasn’t the industry put informal moneylenders out of business?

Taking a Bite Out of Student Loan Debt

by Jim Witkin
Article

To get a good job and earn a good salary: stay in school, go to college, and get a degree. So goes the conventional wisdom, and the research bears this out. Countless studies have shown that individuals with college degrees will earn more money over the course of their careers than those without a degree.

But the numbers also show that for many, the degree comes with a mountain of student loan debt that will take a good portion of their careers to pay off.

The Spark of Entrepreneurship + Whole Planet Foundation: Part I

First in a two-part guest blog series from Sophie Eckrich, a former Whole Planet Foundation intern and founder of Teysha.
Blog

Ten years ago, I embarked for a life-changing journey as an intern for Whole Planet Foundation with their microfinance partner, Grameen Bank, in Panajachel, Guatemala. I was 19 years old, a rising Sophomore at the University of Texas at Austin, and I had no idea what to expect.

Financial Diaries: Lessons From Small Enterprise Foundation in South Africa

Blog

by Zoe So, Whole Planet Foundation Eastern/Southern Africa Regional Director 

One of the core assumptions of microfinance is that the ability to reach a large number of borrowers helps bring efficiencies, sustainability, and impact. Many microfinance organizations often talk about their success in terms of scale and big picture numbers: how many borrowers do they reach? How big has the loan portfolio grown?

Whole Planet Foundation | Dispatch From the Field - Impact Dashboard Update

Serving the Unserved With Microcredit
Multimedia with summary
Thanks to our microfinance partners around the globe who are working diligently daily to serve the world's poorest people, the average first microloan size we fund decreased over several fiscal quarters from $187 to $184 then $182 to now $180. What does this signify? That our partners continue to serve the unserved and that Whole Planet Foundation funds have created 15 million opportunities for low-income entrepreneurs to lift themselves and their family members  out of poverty.

Georgian Microfinance Lender Brings Innovative Financial Services to Rural Areas

Microfinance loans and value chain services support smallholder farmers, women and entrepreneurship in Georgia
Press Release

TBILISI, Georgia, May 29, 2018 /3BL Media/ – Crystal, a leading Georgian microfinance lender, has joined Business Call to Action (BCtA) with a pledge to provide access to finance – including loans and value chain services – to 30,000 new clients in rural areas of Georgia, as well as disperse 1,000 new loans for green/solar solutions and energy efficiency projects by 2020. As part of this commitment, Crystal will continue its record of fostering economic opportunity for farmers, women and micro entrepreneurs.

Small Change, Big Impact: Using Crowdfunding to Invest in Neighborhoods

Small Change founder Eve Picker wants everyone to be able to invest in urban renewal — and reap the rewards.
Blog

Throughout 2018, we will be celebrating today’s new class of reinventors, inspiring people who defy convention while redefining their impact on our world. From city planners to philanthropic entrepreneurs, artists and more, we are spotlighting interesting people doing amazing acts of reinvention.

Whole Planet Foundation Annual Campaign Will Alleviate Poverty for 93,800 People

Annual Prosperity Campaign raises $3 million for microcredit
Blog

Whole Foods Market shoppers, employees and supplier partners raised $3,093,993 during the Whole Planet Foundation 2018 Prosperity Campaign in March.  One hundred percent of these funds will be disbursed to microfinance partners around the globe to alleviate poverty for the world's poorest people - mostly women - through microcredit loans.  Given the average first loan size of $182 across 71 countries where the grocer trades, these funds will support 93,800 people - microentrepreneurs and their family members - with the opportunity for a better life.

Hiball Energy Is Powering Her Potential Through Whole Planet Foundation

$50,000 Donor Makes a Difference through Energy Drinks
Multimedia with summary

Whole Planet Foundation’s global impact has reached the world’s poorest people – mostly women – in the United States and 70 other countries thanks to supplier donors like Hiball Energy who have collectively contributed more than $10 million for poverty alleviation. 

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