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Announcements — Financial Services for the Poor



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Jun 16, 2008Mercy Corps Launches Innovative Microfinance Program to Help Millions of People in Indonesia
PORTLAND, Ore. -- The global relief and development agency Mercy Corps today announced an innovative approach to poverty reduction in Indonesia and the Philippines that will support the growth of the microfinance sector.

Feb 27, 2008First Microinsurance Agency Established in Pakistan
KARACHI, Pakistan -- The First Microinsurance Agency (FMiA) was inaugurated today as Pakistan's first dedicated micro-insurance agency.

Feb 6, 2008Opportunity International's Micro Insurance Agency to Develop and Provide Life, Health and Crop Insurance for 21 Million Poor People
OAK BROOK, Ill. -- Opportunity International, one of the world’s largest microfinance organizations, today announced it has received a $24.2 million grant from the Bill & Melinda Gates Foundation.

Jan 9, 2008Foundation and DID to Develop Financial Cooperative Interconnectivity in West Africa, Haiti, and Vietnam
LÉVIS, Quebec -- Over the next three years Développement international Desjardins (DID), a component of the Desjardins Group, will carry out a major project aimed at increasing interconnectivity among nearly 250 financial cooperatives within developing countries.

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