Rural-Centered Finance with Education

iiicon RCFE

By the Numbers

 

CURRENT PORTFOLIO AS OF MARCH 31, 2017:

 

35 Percent of Total Current Capital Deployed
19 Partners

 

CUMULATIVE AS OF MARCH 31, 2017:

 

$69.7 Capital Deployed
26 Partners
10 Countries

 

CALENDAR YEAR 2016:

 

$16.6M Capital Deployed
19 Partners
322,570 Clients
70% Rural Clients
283,744 Borrowers
$1,350 Average Loan Size
110,906 Individuals Trained

Improving Economic Position and Wellbeing

 

An estimated 2 billion adults lack access to formal financial services and 58 percent of the world’s rural population does not have access to any sort of financial services account.

 

Global Partnerships (GP) invests in financial institutions that deliver tailored credit and education to underserved, rural households, which remain largely reliant on agriculture and livestock activities.

 

Who is Served?
The target demographic is rural households that live on less than $3.10/ day and rely on farming as one of many economic activities to survive.

What is Delivered?
• Working capital loans tailored to the productive activity
• Education customized to the clients specific needs and sources of livelihood but typically covering topics such as basic financial literacy, book keeping, livestock management and household nutrition

Why is it Impactful?
• Household economic well-being, resilience and food security improves due to:
• Increased business profit from productive investments;
• Diversification of income sources;
• Better able to anticipate economic shocks;
• More informed decisions

How is it Sustained?
Individual loans are tailored to meet client needs while the cost of education delivery is covered by the interest rate charged on those loan.