In early 2014, Grameen Foundation made several commitments, as part of the Microcredit Summit Campaign’s 100 Million Project, towards achievement of the collective goal of helping 100 million families escape poverty.
Blog Posts By: Julie Peachey
You are here
Cross-posted from NextBillion.net
Grameen Foundation just wrapped up a 4-year project funded by the Bill & Melinda Gates Foundation, in which we worked with CARD Bank in the Philippines to provide access to secure, accessible and convenient savings accounts targeted to the poor. There is lots of talk in the financial inclusion space about partnerships, innovation and getting to scale. By those measures, we feel like this project was a success on all counts – we opened 480,000 new active savings accounts and created the infrastructure for implementation of mobile financial services, while completing a holistic transformation with our partner to ensure a sustainable program.
Just over three years ago, I found myself in a developing country managing a project that would help about 350,000 poor people save money.