The Bill and Melinda Gates Foundation donated $1.46 million to Seattle area based Unitus, a non-profit microfinance network investing in small and medium-sized MFIs, thereby subsidizing microfinance investment in Unitus partners. The Gates Foundation donation will be funding research on how to increase operational efficiency in four of Unitus’ nine microfinance institution partners in Latin America and India, with the aim to achieve a 10% gain in efficiency within three years. Information on which Unitus partners will benefit from this donation is not currently available.
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