Take the total amount of international financial assistance that goes from developed to developing countries in a year. Multiply by three. This is how much international migrants remit to their home countries annually. As big as this number sounds, the total amount of money remitted is believed to be much higher due to the use of unrecorded informal financial transactions.
Grameen Foundation Insights
The global movement to end poverty and hunger depends on the constant exchange of experience and ideas. That’s why we are eager to share our experiences with people like you.
Our Insights blog shares lessons learned from leaders in the field; examines efforts to bring resources and services to poor communities; and reviews how poverty-focused organizations are using data for greater impact.
Latest Posts
In 2015 the volume of formally recognized international remittances exceeded $600 billion, three quarters of which went to the developing world. (Photo by Ben Lyon)
06/09/2016 by Karolina Walęcik
Radha (pictured with her son) and her family were able to expand their vegetable business with a Margdarshak loan. The additional services will help her family sustain their business and pay for expenses when they are sick and unable to work.
06/07/2016 by Sharada Ramanathan
Editor's note: This is the fifth post in a series on Grameen Foundation India’s journey with an Indian microfinance institution, Margdarshak Financial Services Pvt.
In India, Grameen Foundation works with Oxigen Services India to help clients of Sonata Microfinance repay microloans via mobile phones.
06/03/2016
Editor’s Note: When Grameen Foundation president Steve Hollingworth held his first live chat, we simply ran out of time to address all the questions we received. In this blog series, Last Mile DigitalDev, our country directors and program experts in digital financial services, mobile agriculture and mobile health are responding to those questions.
Larry Reed and Professor Muhammad Yunus addressing the Leadership Council at the 18th Microcredit Summit in Abu Dhabi (2016).
05/12/2016 by Alex Counts
When I sat down with Larry Reed a few weeks back and learned of the significant changes in store for the Microcredit Summit Campaign, two decades of memories were stirred up.
Over the last year, Grameen Foundation has helped Margdarshak transition to its new role as a business correspondent (or agent) of a commercial bank.
05/06/2016 by Raunak Kapoor and Sharada Ramanathan
Editor's note: This is the fourth post in a series on Grameen Foundation India’s journey with an Indian microfinance institution, Margdarshak Financial Services Pvt. Ltd, as we help it transform from an organization focused on credit alone into a sustainable and scalable business correspondent of a commercial bank.
Grameen Foundation's work with Margdarshak will give clients like Kusum access to a wider range of financial services.
05/03/2016 by Raunak Kapoor and Sharada Ramanathan
Editor's note: This is the third post in a series on Grameen Foundation India’s journey with a microfinance institution, Margdarshak Financial Services Pvt.
Grameen Foundation Fellow Neil Barsch collects data from a sari-sari shop owner in the Philippines for a project that will allow microfinance clients to repay loans via mobile phones at these local shops
04/25/2016 by Steve Hollingworth
Last month, I had the opportunity to speak with dozens of Grameen Foundation supporters and volunteers during a live web chat. As part of the Grameen Family, you inspire me, and your questions point to issues at the core of our mission.
02/24/2016
In early 2014, Grameen Foundation made several commitments, as part of the Microcredit Summit Campaign’s 100 Million Project, towards achievement of the collective goal of helping 100 million families escape poverty.
Clients at Sonata Microfinance in India, where Grameen Foundation is helping to develop digital loan repayment services
02/03/2016 by Steve Hollingworth
In our increasingly connected but still profoundly divided world, global income inequality calls out for innovations that benefit the world’s poorest people. In many cases, such innovations start with getting vital financial, agricultural and health information and services to the millions of women and smallholder farmers who make up the majority of the world’s poor.
01/11/2016
Today we’re pleased to announce the release of Measuring the Impact of Microfinance: Looking to the Future, the third in a series of papers commissioned by Grameen Foundation. This series was initiated in 2005 to survey and contextualize the available evidence on the impact of microfinance.