Microfinance CSR News

Citi, OPIC and ACBA Credit Agricole Bank Support the Growth of the Microfinance Sector in Armenia

Press Release

New York, NY, June 24, 2014 /3BL Media/ – Citi and the Overseas Private Investment Corporation (“OPIC”) today announced a $10 million lending facility, using their existing framework partnership, to support the growth of ACBA Credit Agricole Bank’s agribusiness microfinance portfolio in the Republic of Armenia. The arrangement includes a new $5 million lending facility and the extension of a separate $5 million lending facility first announced in 2012.

In Africa, Economic and Social Prosperity Must Go Hand in Hand

An interview with Nigerian economist and philanthropist Tony O. Elumelu
Summary: 
Shared Value Synonymous with Africapitalism
Shared Value Synonymous with AfricapitalismShared Value Synonymous with Africapitalism

"Shared value is synonymous with Africapitalism," says leading proponent, Tony O. Elumelu.

Blog
Shared Value Synonymous with Africapitalism
Shared Value Synonymous with AfricapitalismShared Value Synonymous with Africapitalism

"Shared value is synonymous with Africapitalism," says leading proponent, Tony O. Elumelu.

Citi Issues 2013 Global Citizenship Report

Citi surpasses $50 billion climate initiative target three years early, achieves 25% greenhouse gas reduction goal
Summary: 

Citi has helped provide $365 million to 40 microfinance institutions in 22 countries, reaching 975,000 borrowers

Press Release

Citi has helped provide $365 million to 40 microfinance institutions in 22 countries, reaching 975,000 borrowers

The North Face Opens Explore Fund Grant Applications

2014 Explore Fund grants will award $250,000 to non-profit organizations focused on outdoor exploration
Press Release

The North Face today announced the opening of the 2014 Explore Fund™ grant-giving program, which will provide $250,000 in grants to non-profit organizations committed to inspiring the next generation of youth with a passion and stewardship for the outdoors.

Citi CEO Michael Corbat's Keynote at Financial Inclusion 2020 Global Forum

Article

Thank you all very much for joining us here today to kick off what I’m sure will be a meaningful few days together.

First, I’d like to thank Diana for that kind introduction. As you all know, Diana doesn’t have one job—she has three. At Citi, we’re fortunate to benefit from her wisdom and expertise on our Board of Directors, just as all of us in this room benefit from her leadership of Accion’s Board—with whom Citi has had a tremendously successful association for more than 40 years.

OPIC and Citi to Leverage up to $200 Million in Financing to Connect Micro and Small Enterprises with Corporate and Financial Institutions

Support will aid financial institutions and large corporations to include micro and small enterprises as business and supply chain clients; Initiative will help Citi clients unlock economic potential and extend corporate value chains in developing markets
Press Release

New York, September 25, 2013 /3BL Media/ – The Overseas Private Investment Corporation (OPIC) and Citi (NYSE: C) have agreed to use their existing framework lending facilities to deliver up to $200 million in financing for Citi’s multinational and local corporate and financial institution clients that are engaged in sectors such as microenterprise, agribusiness, affordable housing, clean energy, education and sanitation.

Deadlines Fast Approaching for Global Leaders To Engage with India’s Most Inspiring Social Entrepreneurs

Press Release

MUMBAI, India, September 3, 2013 /3BL Media/ - Deadlines are fast approaching for the 2013-2014 India Social Entrepreneurship Journeys, which will enable top executives, academics, and nonprofit leaders to discover how they can have their greatest positive impact on the world. Taking place this upcoming December and February, the India Social Entrepreneurship Journeys will take a hand selected groups of senior leaders on carefully curated 5-8 day experiences.

Citi and Kiva Launch Kiva U to Engage Students and Educators in Global Effort to Expand Financial Inclusion

Citi commitment will enable growth of campus microfinance clubs, create teaching tools, and foster student and educator leaders; First-ever Kiva U Summit supported by Citi will be October 11-14 in San Francisco
Press Release

New York, August 27, 2013 /3BL Media/ - Citi Microfinance and Kiva are launching Kiva U, a new program to engage students and educators in a global effort to expand financial inclusion and foster community among the next generation of change makers. Kiva U is an ambitious initiative to build, strengthen and connect school-based microfinance clubs across the nation, develop teaching tools for experiential learning across education levels, and foster leadership among students active in social enterprise, international development and financial inclusion.

Applications Now Open for Global Leaders To Engage with India’s Most Inspiring Social Entrepreneurs

Press Release

MUMBAI, INDIA, December 19, 2012 /3BL Media/ - Applications are now open for leading global executives, academics, and nonprofit leaders to travel to India this February to engage with some of the world’s most inspiring social entrepreneurs. From 22 February 2012—2 March 2012, this highly qualified group will travel to Bangalore, Chennai, and Pondicherry, meeting the founders and staff of social ventures; discussing, debating, and reflecting on pivotal issues; and taking part in vibrant cultural experiences.

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