Doing business with the poor
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Kraft Foods has been working in the area of coffee sustainability for over a decade and announced a partnership with the Rainforest Alliance in 2003. Since then, this relationship has benefited more than 400,000 farmers and their families and communities on more than 85,000 hectares of farmland in...
LifeSpring Hospital in India is innovatively meeting the growing demand of low-income women who deserve affordable and dignified medical care. By focusing on a particular niche, maternal care, and different cost-saving strategies, this hospital provides maternal care at one-fifth of market...
The Taiwan Residential Earthquake Insurance Program (TREIF) provides basic insurance to residents of Taiwan, that is specifically tailored to the earthquake risk in the area.
In rural Mali, Miama sells rice to support her family, thanks to both a microloan and the group support she receives from Freedom from Hunger's Benkadi Tongorongo association.
Sinapi Aba Trust helps Akosua, a housekeeper in Ghana, prosper in her business though microfinance. After years of knocking on doors to sell pastries, a small loan changed everything for Akosua.
To reach populations in remote areas, Hindustan Unilever has recruited and trained women in rural areas to act as direct sales operators. This led to the creation of Project Shakti in India which is now being extended to other countries as well.
ENDA helped Mohsen, a young man in Tunisia, to start his business though micro-credit. ENDA was founded as a multi-sectoral development microfinance institution focusing on environment, health, education, and youth activities in Tunisia.
Mr Wolfonsohn said micro-finance had made a powerful impact on improving poor people's livelihood and was crucial in reducing poverty in poor countries.
In 2008, soon after the Tecucel River in Romania flooded and destroyed more than 300 homes, the ArcelorMittal Foundation formed a global partnership with Habitat for Humanity to improve affected families’ lives.
ASGN (the Association to Safeguard the Giraffes of Niger) used grants from the Wildlife Protection Foundation in the UK and from the Zoo de Doue in France to set up a successful micro-credit scheme.