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ABN Amro subsidiary creates joint venture with microlending organisation ACCION
Banco Real, a major Brazilian bank owned by ABN AMRO, created a joint venture with the American non-profit microlending organisation ACCION.
PwC provides assistance to World Vision Ethiopia staff for capacity development and local market development strategy
PwC assisted World Vision Ethiopia staff to formulate a draft strategy for local market development.
Merrill Lynch commits $5 million to develop "Worldwidekids" Initiative
Sesame Workshop, the non-profit educational organisation behind Sesame Street, and Merrill Lynch have teamed up to launch the WorldwideKids initiative, a groundbreaking financial literacy program for children.
Merrill Lynch and Greenlining Institute announced a $159 million economic partnership for Southern California
In 2000, Merrill Lynch and The Greenlining Institute announced a $159 million three-year initiative to encourage new investments, economic opportunities and home ownership in Asian Pacific, Latino and African-American communities in Southern California and the San Francisco Bay area.
Merrill Lynch and the Greenlining Institute announce a $500 million initiative for under-served California communities
In 2003, Merrill Lynch and the Greenlining Institute announced a $500 million initiative to expand small business lending and promote economic opportunities in Asian Pacific, Latino and African-American communities throughout California.
BNP Paribas Assurance expands gender equality initiatives in partnership with NGO Aide et Action
BNP Paribas Assurance has signed a three year partnership with the NGO Aide et Action, which promotes access to quality education for all in the 21 countries where it is present.
Women on the West Bank fight poverty with enterprise
A few short years after the war in Gaza, women in the West Bank are overcoming poverty by running their own co-operatives. With training, marketing assistance, and funding from several aid agencies, the women have been able to set up their own small businesses.
India Financial Inclusion Fund raises $90M kitty
The India Financial Inclusion Fund (IFIF), an equity fund that invests in companies that provide financial services to low-income clients, has, after its final closing, raised USD 90 million worth of capital in the last fifteen months. The fund will be used to invest in microfinance institutions...
Make Poverty Business: Increase Profits and Reduce Risks by Engaging with the Poor
Make Poverty Business: Increase Profits and Reduce Risks by Engaging with the Poor (2006) is a book by Craig Wilson and Peter Wilson that sets out to provide a blueprint for on-the-ground managers of multinational corporations to create sustainable profits and reduce country risk by helping...
US Agency for International Development (USAID) - Supports Economic Empowerment for the World's Poor Through Microfinance (press release)
The press release from USAID outlines the agency's involvement in micro enterprise development projects during the 1990s, and claims that ‛micro enterprise development, providing credit and economic opportunity to the disenfranchised poor, helps ensure that the benefits of economic growth are...
DevJobs
A website for jobseekers interested in development work. It provides international job announcements on various development fields, including microfinance, poverty alleviation, and community development.
Allianz, UNDP and GTZ partner for a three-country study on Micro-insurance
In 2006, the United Nations Development Program (UNDP) approached Allianz to work together on a market potential study to analyse the demand, acceptability and affordability of microinsurance products.
Through an initiative of ASGN, micro-credit and tourism save giraffes in Niger
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.
Fighting poverty through micro-credit
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.
Extending women enterpreneurship in India
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.
Freedom from Hunger’s Benkadi Tongorongo association provides micro loans and group support in Mali
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.
Micro Enterprise success in Bangladesh
The Bangladesh Krishi Bank was established in 1973 with the objective of strengthening the rural economy by extending credit support to the agricultural and agro-based sectors. In consideration of the importance of Micro-Credit and with the objective of generating employment as well as encouraging...
The Asian Development Bank and Non-Governmental Organizations: Working Together
The Microcredit Project in Indonesia, established by the Asian Development Bank and approved in 1994, focuses on microenterprise support, recognizing the potential of microenterprises to create jobs at low capital input costs and raise the income levels of the poor.
WaterCredit Initiative: Connecting Micro-finance to Water and Sanitation
The WaterCredit Initiative is an initiative of WaterCredit Partners, an organisation with a long history of providing grants to assist communities with water supply and sanitation (WSS) services.
Uganda: Kampala to get Sh480 Million to Ensure Success of a Sanitation Project
The Ministry of Water and Environment and the German Technical Cooperation (GTZ), have launched a public-private initiative to improve access to sanitation for the urban poor in Kampala. The project will be implemented in partnership with Crestanks and Poly Fibre, private companies that produce and...