Village Enterprise Fund Receives GiveWell Economic Empowerment Grant and “Top-rated” Status

Microfinance organization selected because its “strong evidence-based case” shows VEF improves the lives of the poor in Africa San Carlos, CA, March 29, 2010 — Village Enterprise Fund (VEF), a leader in microenterprise development, has received a $125,000 grant plus a coveted “top-rated” status from GiveWell, a New York-based nonprofit that researches and evaluates charities. … [Read more…]

Unitus Teams Up With OPIC & Citi to Make $15 Million Available for the Development of Emerging Microfinance Institutions

Credit facility will provide debt funding to smaller MFIs in challenging markets SEATTLE, 29 March 2010 – In their ongoing effort to empower the world’s poor through microfinance, international nonprofit Unitus, Inc., the Overseas Private Investment Corporation (OPIC), and Citi have finalized a $15 million credit facility that will help foster growth among high-potential microfinance … [Read more…]