Grameen Foundation : What we do : Microfinance Support : Technical Assistance
Technical Assistance to Microfinance Institutions
Microfinance institutions (MFIs) are dedicated to alleviating poverty by offering financial services to the poor, including loans, savings accounts, micro-insurance, and money transfers. Many MFIs are also integrating other social empowerment strategies into their operations, including healthcare and nutrition, financial literacy, and environmentally-friendly technologies, such as solar energy and biogas. Such strenuous programs and innovations require constant growth in skills and capacity.
Grameen Foundation is committed to assuring the success of our partner MFIs in reaching out to more of the world’s poorest people and ensuring that those clients get out of poverty quickly. We look to the Grameen Bank as a model in piloting new approaches to leveraging the microfinance infrastructure to promote accelerated poverty reduction.
Innovative financing solutions and strategies to expand the capacity and efficiency of our partner MFIs provide a direct impact on the lives of the poor, and advance the microfinance industry as it moves toward even higher standards in terms of anti-poverty impact and financial performance. Grameen Foundation’s success is intricately linked with the success of our partners and ultimately, the clients accessing microfinance.
We have developed a track record of helping our MFI partners evolve into institutions that:
- Effectively target the poorest of the poor and women.
- Utilize cost-effective tools to measure progress out of poverty for existing clients, thus advancing the goal of developing standards and metrics for social impact performance.
- Increase efficiencies in the delivery of financial services.
- Achieve full cost-recovery and profitability, and utilize profits to provide better and more economical services to clients.
- Use microfinance as a platform for broad social change by delivering a wider array of financial and non-financial products and services in pursuit of poverty alleviation.
Our Technical Assistance Program offers a variety of products and services to MFIs to help them reach these goals.
Grameen Foundation : What we do : Microfinance Support : Technical Assistance
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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