Grameen Foundation's Growth Guarantees program was launched in 2005 to increase microfinance clients’ access to loans by guaranteeing local funding for the microfinance institutions (MFIs) that serve them.
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In 2011 Grameen Foundation established an office in Medellin, Colombia to move closer to those we work to empower — the poor and poorest. In Colombia, we are using mobile technology to improve access to financial service and information on agriculture. Drawing on our experiences in Uganda, we launched the Community Knowledge Worker (CKW) initiative in Colombia.
Grameen Foundation began supporting microfinance activities in Latin America and the Caribbean in 1999. Despite significant progress over the last decade, millions of the poorest people, especially in remote rural areas, still have no access to vital financial services they need to move themselves out of poverty.
Angel connected with his local Community Knowledge Worker (CKW), who is trained by Grameen Foundation and has a smartphone full of information about crop management, market prices, and fair trade certification requirements. Angel has consulted his CKW regularly to help him grow better crops and prevent pests and disease. As he says, “I have used the CKW system four times now. Each time the information has been very useful.”