Grameen Foundation : Resource Center : Print Newsletter : Fall 2005 : GFUSA Partners Honored at Awards Event
GFUSA Partners Honored at Annual Awards Event
GFUSA partners Fonkoze in Haiti and SKS in India receive the Pioneer and Excellence Awards, respectively, at the annual Microfinance Practitioner Awards ceremony.
In November, GFUSA held its annual Microfinance Practitioner Awards ceremony, entitled “Scaling Up to Meet the Challenge of Global Poverty” to celebrate the achievements of microfinance programs throughout the world.Our microfinance institution partner, Fonkoze, in Haiti, is this year’s recipient of the Pioneer Award. The accolade recognizes an emerging program that is breaking new ground. As of June 2005, Fonkoze, working in the poorest country in the Western hemisphere, was reaching more than 27,000 active borrowers and their families. In addition, the MFI is innovative in the industry by offering services such as remittances and literacy education to support a client’s whole life situation. GFUSA’s support will help push Fonkoze’s impact farther to 73,220 clients by 2008.
Swayam Krishi Sangam (SKS), a GFUSA partner in India, will receive the Excellence Award for being an industry leader. Founded in 1998, SKS has reached nearly 140,000 female clients in the poorest areas of India and intends to help more than 300,000 clients and their families by 2008. SKS blends innovation with its work, being one of the first MFIs to have a fully automated management information system.
GFUSA has organized a “Knowledge Sharing Roundtable” in Dallas, Texas in conjunction with the awards event. The roundtable reflects GFUSA’s commitment to sharing information in order to accelerate the expansion of microfinance to more poor people. A select group of international thought leaders will convene in a critical exchange of ideas, experiences and best practices to strengthen the industry, and enhance the impact of microfinance on poverty.
Learn more about our partners.
Grameen Foundation : Resource Center : Print Newsletter : Fall 2005 : GFUSA Partners Honored at Awards Event
Grameen Foundation uses microfinance and innovative technology to fight global poverty and bring opportunities to the world's poorest people. With tiny loans and financial services, we help the poor, mostly women, start businesses and escape poverty. Our global network of 55 microfinance institution (MFI) partners including our Growth Guarantee partners has touched more than 34 million people in 24 countries. In addition, we introduced and now sustain technology initiatives (Mifos and Village Phone) in Cameroon, Kenya, Rwanda, and Uganda, bringing our total country outreach to 28.
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