Grameen Foundation : What we do : Microfinance Support
Microfinance Program Support
Building strong institutions
Ranging in size from just a few hundred clients to hundreds of thousands, our partner microfinance institutions are the bedrock of our outreach to the poor. Our success is intricately tied to their impact and performance. As the demand for microfinance increases, these front-line institutions must be able to adapt to the changing needs of the communities they serve. To help them operate more efficiently and be more effective, we provide each partner with financial products and services that are tailored to meet their needs.
Drawing on the skills and expertise of our in-house professionals and a pool of consultants, we work with individual MFIs to develop a comprehensive technical assistance package, including:
- financing strategies that foster smart growth
- training and capacity-building programs that help to expand and strengthen day-to-day operations
- outreach initiatives that increase their visibility both in local and international communities
To be more effective, MFIs must also know how their products and services are helping their clients to escape poverty. Grameen Foundation is helping them measure their social performance with its Progress Out of Poverty Index. It allows the MFIs to better determine their clients’ needs, which programs work best, how quickly clients leave poverty, and what helps them to move out of poverty faster. It builds on previous efforts within the industry to measure and manage social performance and is available to Grameen Foundation partner MFIs, as well as those outside the network.
Grameen Foundation : What we do : Microfinance Support
Grameen Foundation uses microfinance and innovative technology to fight global poverty and bring opportunities to the world's poorest people. With tiny loans and financial services, we help the poor, mostly women, start businesses and escape poverty. Our global network of 55 microfinance institution (MFI) partners including our Growth Guarantee partners has touched more than 34 million people in 24 countries. In addition, we introduced and now sustain technology initiatives (Mifos and Village Phone) in Cameroon, Kenya, Rwanda, and Uganda, bringing our total country outreach to 28.
+1-202-628-3560 www.grameenfoundation.org
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