News and Commentary
Obama Announces Microfinance Growth Fund
AP Photo
During his opening remarks at the Summit of the Americas, President Obama announced a new Microfinance Growth Fund for the Western Hemisphere. Unfortunately, I have been unable to find any more information about the project, so please comment if you have more details. Update: (Adnan (jolkona.org) found a Reuters article with more details.) $100 million will be administered by the Multilateral Investment Fund of the Inter-American Development Bank, the U.S. Overseas Private Investment Corporation and the Inter-American Investment Corporation.
President Obama’s full remarks can be read, here.
Tags: Discussion
One comment for “Obama Announces Microfinance Growth Fund”
Post a comment
Categories
Browse
ACCION Africa Alex Bernhardt Central America CGAP china conference Gates Foundation global partnerships grameen grameen foundation investment jobs kiva latin america matt flannery mexico micro-finance microcredit microfinance microfinance careers Microfinance Insights microfinance jobs Microfinance USA microinsurance microplace muhammad yunus oikocredit Opportunity Fund peru poverty pro mujer promujer san diego san francisco seamo seattle social enterprise technology tweets unitus vittana washington cash wokai world bank
© 2009 SeaMo: Connecting the Microfinance Community. 
The White House has released a fairly comprehensive statement outlining the particulars of the Fund:
http://www.whitehouse.gov/the_press_office/New-100-Million-Microfinance-Growth-Fund-for-the-Western-Hemisphere/