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.
FCA, one of the most sustainable automotive groups in the world, is contributing daily to the transition to a circular economy
In recent decades, demands on the planet’s resources have increased to a level that now represents a significant threat to our environment. Our economy is also highly dependent on our ability to manage these finite resources. As such, the transition to a circular economy – and away from the traditional “take-make-dispose” or “linear” economy – is vital to a sustainable future.
Whole Planet Foundation funds microloans in cities in the United States through four microfinance partners who work with poor entrepreneurs to create or expand small businesses and generate income for themselves and their familes. We are alleviating poverty in Austin, Boston, Charlotte, Des Moines, Indianapolis, Los Angeles, Miami, New York City, Newark, New Orleans, Oakland, Omaha, Phoenix, Salt Lake City, San Diego, and San Jose. Watch this video to see an example in Austin, Texas where we have invested $1 million for microentrepreneurs.
AUSTIN, Texas, February 27, 2017 /3BL Media/ - On Wednesday, March 1, Whole Planet Foundation launches its 12th Prosperity Campaign, which funds microfinance organizations and microcredit loans to alleviate poverty in regions where Whole Foods Market® sources products. The organization’s focus is on women in the developing world, where small loans can help entrepreneurs create a better life. The campaign’s goal is to raise $3.2 million during the month of March to fund microcredit loans, increasing the foundation’s current reach of 15 U.S.