In the first year of the Schwab Charitable Microfinance Guarantee Program, donors set aside $10-million from their gift funds to guarantee small loans to poor entrepreneurs in developing countries. As ...
You may have heard of microfinance, but what it actually is and what the popular perception of what it is are often two different things. Microfinance began in 1974 when Muhammad Yunus started Grameen ...
BlueOrchard Finance, a Switzerland-based impact investment manager, and the Asian Development Bank (ADB) have entered a $50 million risk-sharing agreement for microfinance coverage in ADB’s developing ...
Microfinance has been touted as a miracle cure for poverty in the global south. The reality has been a lot messier. Illustration by Adrià Fruitós. Yabom was lucky. She heard a flat tone, then an ...
In May, Dell, through a program-related investment (investments in ventures with a charitable purpose, usually at below- market rates of return), and Unitus, through its own private-equity fund, ...
Jerry lives unhoused in Santa Clara County. Not long ago, he had managed to build a microbusiness as a powerwasher—a real one, with local clients. Despite public misconceptions, many unhoused people ...
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