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GP’s CEO Speaks on Panel: Microfinance Institutions can do More to Empower the Poor


“Financial inclusion is one important aspect of empowering people living in poverty, but we all know there are other facets to it,” said Rick Beckett, Global Partnerships’ (GP) president and CEO. In November, Rick spoke on a panel entitled “Spurring Development through Microfinance,” which was sponsored by the Overseas Private Investment Corporation (OPIC) and Habitat for Humanity.

The discussion examined how microfinance institutions (MFIs) can assist clients with basic needs beyond access to financial services. For example, Rick spoke about how GP’s MFI partners COMIXMUL and Pro Mujer in Nicaragua grant their members and clients with access to affordable medications and health screenings.

Other panelists included Patrick Kelley (Habitat for Humanity’s senior director of housing finance), Isabelle Barres (Smart Campaign’s director), and Loren Rodwin (OPIC’s managing director of micro, small and medium enterprise financing).

Watch the video of the panel, "Spurring Development through Microfinance":

  • Click here for the full length version.
  • Jump to Rick Beckett’s portion here.

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Blog Tags: COMIXMUL   Habitat for Humanity   microfinance   OPIC   Pro Mujer in Nicaragua   

Rick Beckett (second from right), GP's President & CEO, speaks on a panel entitled, "Spurring Development Through Microfinance."
Rick Beckett (second from right), GP's President & CEO, speaks on a panel entitled, "Spurring Development Through Microfinance." The panel was hosted by OPIC and Habitat for Humanity in Washington, D.C. in November 2013. Photo © Habitat for Humanity.

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