Is charitable/philanthropic involvement in microfinance no longer relevant?
There are still many people in the developing world who would like access to microfinance services, especially where the commercial case has not yet been made. In these areas, donor dollars may still be required to demonstrate viability. And there are now many high-quality permanent players in this field. Some examples include ACCION, Opportunity International and Grameen. We are confident that these and other organizations, along with the influx of funds from the capital markets, will successfully fill this role within the next decade. This enables Unitus to shift our focus to addressing other pressing needs of the global poor that have received far less attention and require creative and innovative approaches that we are uniquely suited to provide.
