Microfinance CSR News

Perseverence Pays Off in Huehuetenango

Meet Microentrepreneurs in the Highlands of Guatemala
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Hiball Energy, IZZE, Naked Juice, Papyrus-Recycled Greetings, Reserveage, Seventh Generation, and Surya Brasil met in Guatemala to witness microcredit in action.  Together these companies have contributed $1.9 million to Whole Planet Foundation in support of impoverished entrepreneurs like the women pictured here in Huehuetenango.  

Empowering Entrepreneurs | Interview with Joy Stoddard, Development and Outreach Director of Whole Planet Foundation

New interview series to feature women empowering women
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Joy Stoddard is the Development and Outreach Director for Whole Planet Foundation, the nonprofit arm of Whole Foods Market. We were lucky enough to have a conversation with Joy about her motivation to give back, stemming from her earliest job as a candy striper to her career with Whole Foods. Joy has traveled the world working with microentrepreneurs and shared her unique perspective of having sought out opportunities to make an impact through for-profit businesses and nonprofit organizations alike.

Virtual 10K Aims to Help Entrepreneurs in Developing Countries

Charity arm of Whole Foods is staging the race August 3-7.
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The 10K is hosted by Whole Planet Foundation, a nonprofit established by Whole Foods Market. The foundation pledges to give 100 percent of registration fees to “fund microcredit loans to lift entrepreneurs and their families out of poverty in 69 countries.” Many of the entrepreneurs are women in developing countries. Here’s a great infographic that highlights the work of the foundation.

nuun hydration Runs with Whole Planet Foundation to Fund Microcredit Loans for the World’s Poor

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Whole Planet Foundation welcomes nuun hydration as a new member of the $10,000 Fund and as a sponsor of this year’s Virtual 10K Run, which aims to raise funds for microlending projects in 69 countries. “Our mission at nuun is simple in that ‘we inspire everyone to move more,’” says Kevin Rutherford, CEO (Chief Eternal Optimist) at nuun hydration.

Run with Whole Planet Foundation and The Seaweed Bath Co.

Help Entrepreneurs Get Their Businesses Up and Running
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Whole Planet Foundation is warming up for its second annual Virtual 10k Run that takes place next month during August 3-7!  Nearly 100 participants have registered and because the run occurs simultaneously where you are and in the digital sphere, spaces are endless!

Habitat for Humanity’s MicroBuild Fund Wins Classy Award for Innovation in Social Good

Press Release

ATLANTA, July 14, 2017 /3BL Media/ - Selected from 100 finalists to become one of 10 winners, Habitat for Humanity recently received a Classy Award, which recognizes the most innovative solutions to the world’s toughest social issues. The winning program, Habitat’s MicroBuild Fund, was recognized for creating social, scalable and sustainable impact by partnering with microfinance institutions across the globe on housing finance solutions.

Whole Planet Foundation Supports Refugees with Microcredit

Learn how you can #StandWithRefugees
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Today is World Refugee Day, a time to celebrate the courage of refugee children, women and men around the world. The UN just announced a new figure for the global refugee crisis: Every 60 seconds, 20 people are displaced by conflict and disaster. They are fleeing for their lives. The refugee crisis is real—but we know the solutions are too. That's why your participation today is so important.

BIMA wins The Wall Street Journal’s Financial Inclusion Challenge 2017

Press Release

HONG KONG, June 13, 2017 /3BL Media/​ - The Wall Street Journal has celebrated the winning enterprises of The Financial Inclusion Challenge 2017, sponsored by MetLife Foundation. BIMA, Kinara Capital and Entrepreneurial Finance Lab were all recognized as leaders in the field of financial inclusion at an awards ceremony at the Hong Kong Maritime Museum.

How Marketing Can Encourage Saving

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Marketing makes us want to buy all kinds of stuff. But can marketing magic make saving more appealing, fun, or even cool?

Virtually everyone would like to retire comfortably and to be free from financial worry on a daily basis. Yet, many people don’t save enough even for unexpected expenses—a proposition that’s even more challenging for low-to-medium income people. Look to a U.S. Federal Reserve Board survey published in May 2016, in which 46 percent of respondents said they couldn’t cover even a $400 emergency expense without selling something or borrowing money.

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