Fifth Third Community Development Corp. is investing an additional $2.5 million in First Independence Bank. The move makes Fifth Third the largest investor in the minority depository institution and community development financial institution.
In opening remarks to a global green bonds conference, international climate leader Christiana Figueres has called on cities, governments and corporations to commit to the use of green bonds for infrastructure investment programs. Speaking to participants from over 55 nations at the Climate Bonds Initiative annual conference in London, the former UN Climate Chief & Convenor of Mission 2020 unveiled a new campaign have public and corporate capital expenditure programs increasingly aligned with climate and emissions goals.
Frontier Co-op is a $100,000 Fund partner responsible to people and planet and has been supporting Whole Planet Foundation's mission of global poverty alleviation through microcredit since 2012.
Financial services are core to poverty reduction and economic empowerment, yet a staggering 42% of women and girls worldwide – approximately 1.1 billion – remain outside the formal financial system. Women’s financial inclusion is essential to achieving gender equality by enabling them to handle their finances with greater privacy, security and efficiency, and providing a platform for future investments.
Whole Planet Foundation is proud to welcome Chobani, a new $100,000 Fund donor to our cause of global poverty alleviation. Chobani’s generosity this year will fund approximately 550 microloans to create 2,900 opportunities for microentrepreneurs and their family members to live a better life through microcredit.
It’s not every day that a CEO and CFO talk about investing millions of dollars into a part of the business that doesn’tgenerate direct profits. But that’s exactly what we did when we took advantage of the recent U.S. tax reform to make a focused investment – half a billion dollars – into our Center for Inclusive Growth.
New research from Barclays has found that the Midlands is one of the most cost effective regions for small and medium sized businesses (SMEs) in the UK to start. The Barclays Midlands Growth Fund is targeted at these SMEs and is designed to boost jobs and economic growth. The five-year initiative will work in tandem with the UK Government’s own £250m Midlands Engine Investment Fund.
While Common Cents Lab is a research entity, its work does so much more than create interesting research. It creates easier, more intuitive ways for people to save – which is something that most people say they want to do, but find difficult. In 2017, twenty-seven organizations worked with Common Cents Lab to design products or outreach strategies that have helped nearly 500,000 low- and moderate-income Americans thus far.
Whole Planet Foundation thrives because of the support of amazing volunteers, fundraisers, and advocates who generously contribute to its mission to alleviate global poverty, especially during the Annual Prosperity Campaign each March. From a Whole Foods Market cashier sporting a Mohawk to an office-based analyst coordinating a Ping Pong for Prosperity tournament, please join us in celebrating the members of the Whole Planet Foundation Hall of Fame who have dedicated themselves to creating opportunities for the world’s poorest people.
In this interview, MIX CEO Camilla Nestor, discusses FINclusion Lab – a data analytics platform launched in 2014, managed by MIX and now supported by MetLife Foundation and other partners – and how it helps market actors make sense of financial inclusion data through interactive dashboards and maps.
Global nonprofit Accion and MetLife Foundation announced today a new partnership to advance financial inclusion for underserved individuals around the world. The project – Building Financial Capabilities and Strengthening Institutions through Customer-Centered Innovations – aims to enhance financial customer engagement by building their capabilities. MetLife Foundation is providing $5.4 million in funding to support the program.
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