Feature
10 April 2012
Haiti is the poorest country in the Western Hemisphere and has seen more than its share of both natural and man-made disasters. In a country like Haiti, microfinance not only helps to create jobs and income, but becomes a relief and survival strategy after disaster. Sarah Bel, Information Officer for the ILO’s Microinsurance Innovation Facility, reports on how public-private partnerships play an important role to scale up quality and affordable insurance products for low-income workers.
Article
01 November 2011
In 2010, the ILO’s Microinsurance Innovation Facility introduced a knowledge management framework, aligning its research and communication strategies and new approaches for improved capture, analysis and sharing of lessons learned from its activities. ILO Online spoke with Craig Churchill, Head of the ILO’s Microinsurance Innovation Facility about the benefits of the new approach.
Microfinance
26 February 2009
The current economic and social crisis provides an opportunity to re-think values and business models in finance. ILO Online spoke with Bernd Balkenhol, chief of the ILO’s Social Finance Programme.
Article
21 November 2007
An estimated US$4 billion is invested annually in microfinance around the world. But while microfinance institutions must have strong business models in order to survive, they face the challenge of making profits while creating lasting social change. A new ILO study provides practitioners and donors with guidance on how to deal with the issue of balancing business and poverty reduction by defining criteria for supporting microfinance institutions.