The underlying premise of the fund is that insurance providers, and insurance-related initiatives, can play a critical role in mitigating the financial impacts of adverse climate events on poor and vulnerable populations.
I am Gerardo Diaz de Leon and I live in Mexico City. I have a kiosk, in which I sell tacos, and I run a mechanic service for automobiles. With my first loan from FinLabor (Mexican microfinance institution) I leased a mobile kiosk named “Tacos Don Ruly”. I invested my second loan for USD 2.500 [&
BlueOrchard regularly hosts field trips providing insights in the sector of impact investing. The objective is to get first-hand information and meet local governmental institutions and partners as well as borrowers. The most recent BlueOrchard trip was to Sri Lanka, 4-7 June 2017. Over the course o
I am Bekbaeva Zamzegul Naurizbaevna and I live in Taldykorgan, Kazakhstan. The first time I heard of microfinance loans I used to run a small booth near my house selling consumer products. When I learned about the opportunities KMF (the largest microfinance institution in Kazakhstan) offered, I quic
My name is Blanca Estela de la Sancha Delgado and I sell hamburgers in Mexico City. A few years ago, I tried to seek greener pastures abroad and migrated to another country. However, the plan did not pay off and I was forced to return to Mexico. On my arrival in Mexico City I struggled […]
“My name is Giorgi and I run a grocery store. Before, I used to work for a large candy distributor, but at some point I decided to try my luck and go into business for myself. So I took up a microloan from FINCA and opened my own grocery store specialising in coffee and candies. […]
“My name is Idalia del Carmen Mayorga Ruiz, I am 39 years old and my husband and I have four children. I am the owner of “El Shadday” food and delights. I started in the microcredit program – village banks – because of a neighbour. At that time, I had a small bus to drive […]
#This is my story: “My name is Phom Chanthou and I took out my first microloan in 2005 by joining a group loan of the Amrep Bank. The reason was that local moneylenders had too high interest rates. With the amount of money I borrowed I was able to start a small business by myself […]
#This is my story: “My name is Zurab and a few years ago I moved with my family from the Georgian countryside to the Capital, Tbilisi. I was seeking a better life and more opportunities. Together with my wife Nino I opened a grocery store near the central market.
#This is my story: “My name is Flor de Maria Higueros, I am 28 years old and I live in Totonicapán, Guatemala. I am engaged in the embroidery of blouses and huipiles (traditional garments).
#This is my story: "my name is Milovan Bosančić, and I started working on my father’s farm straight out of primary school. We had no machinery back then, just horses, 2 cows and 1 sow. As a young man, I bought 30 dunams (3 hectares) of land. At that time I did not use loans.
#This is my story: “my name is Keo Serei and I run a grocery store in Phsar Trach, Cambodia. I’ve never been very confident about the microfinance industry. I was scared it would cause over-indebtedness. However, my husband saw a big opportunity in getting a loan and took up his first loan
This year’s BlueOrchard week took place in one of our local offices in Tbilisi, Georgia. Since the entire company and its ambassadors gathered together to discuss the future of impact investing and what role we are going to play as one of the leading players, we also took the occasion celebrating
31. May – 2 June 2016 Here are some impressions from the latest BlueOrchard field trip, which took place in Yerevan, Armenia. Our trip started on Monday, 30th of May from Zurich. After a long flight we landed in Yerevan and got swiftly through airport customs control. The hotel we stayed in was ve
Financial inclusion aims to provide basic financial services to everyone – regardless of social class, financial status or geography. A prerequisite for the eradication of poverty, financial inclusion fosters economic emancipation and independence. To this end, microfinance is recognized as a key
The President of the World Bank has outlined the group’s new strategy to end poverty by 2030.