Recently, we reported on the worrying development of the massive Gates Foundation ($36 billion in total assets) entering microfinance not as an investor, but as a donor. Since then, the Bill & Melinda Gates Foundation has awarded a $6 million grant to California headquartered “transnational microfinance network” Freedom From Hunger (FFH).
Continue reading “Gates Foundation Dips Deeper in Microfinance, Neglecting Another Investment Opportunity with a $6 Million Microcredit Grant to Microfinance Network Freedom From Hunger”
Similar Posts:
- MICROCAPITAL BRIEF: UNCDF, Bill & Melinda Gates Foundation Launch Mobile Money Program in Ethiopia
- MICROCAPITAL BRIEF: Opportunity International, UPS Foundation Announce “Unstoppable Women Initiative” to Expand Financial Services in Colombia, India, Indonesia, Nigeria
- MICROCAPITAL BRIEF: Opportunity EduFinance Partners with 7 FSPs to Invest in Education in Africa, India
- SPECIAL REPORT: European Microfinance Week 2023 Opens With Action Group Meetings, Including Investors Sharing Strategies for Measuring Social Performance #EMW2023
- MICROCAPITAL BRIEF: Network International Unveils “Networkpay” Tools for SMEs in Egypt to Accept Digital Payments
