Over the past few years, Global Partnerships (GP) has been working closely with several partner organizations to develop their efforts to deliver health services in a financially sustainable way. GP has worked with five partners in five countries since 2011 to design, implement and scale sustainable business models.
Within the impact investing industry, microfinance has historically been viewed as a fine example of an investable, market-sustained solution to poverty. Hundreds of millions of dollars have flowed to microfinance institutions (MFIs) and microfinance investment vehicles—across asset classes—generating social impact alongside consistent and stable financial returns.
Crowding together, we squeezed inside of Michaela’s stall. Colorful hand-woven purses hung from wall to wall. Michaela, 52, and a mother of eight, beamed with pride as she spoke about the business she built against all odds.
Earlier this month, I was one of seven members from the GP team that flew to Ecuador to attend FOROMIC, an annual conference held by the Inter-American Development Bank.
At last week’s 17th Microcredit Summit in Mérida, Mexico, stakeholders from the microfinance industry gathered to discuss how innovations in microfinance can help rid the world of extreme poverty.
We are delighted to announce that we were presented with an “Access to Finance” award as part of the Overseas Private Investment Corporation’s (OPIC, the U.S. government’s development finance institution) inaugural Impact Awards.
“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.
All parents want the same thing for their children—they want their kids to be healthy, educated and have sustainable economic opportunity. We heard this sentiment expressed in every household visited during our recent PartnerTrip to Peru.