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Unitus www.unitus.com

GSG Rank:
6 of 7  Micro-Credit
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Headquarters:
220 W Mercer Street, Suite W-500, Seattle, WA, 98119, USA
Year Founded:
2001  President:  Ed Bland 
What We Say:
An international nonprofit organization dedicated to advancing innovative, market-based solutions to global poverty. We work to create pathways out of poverty by increasing access to life-changing microfinance services?small loans, insurance, and savings programs designed to serve the poor. For millions of families around the world, microfinance means the opportunity for a successful small business and more?better healthcare and housing, increased household savings, education for their children, and ultimately, the real possibility of self-sufficiency. The need is staggering?nearly half of the world?s population lives on $2 a day or less. To reach the most people in need as quickly as possible, Unitus seeks out and partners with young, high-potential microfinance institutions (MFIs), helping them to build capacity, attract capital, and achieve exponential growth. Through this leveraged approach, Unitus seeks to empower millions of the world?s working poor while transforming the financial systems now left out of their reach. Rather than directly providing microfinance services, Unitus connects the ambitious, visionary social entrepreneurs who lead our partner MFIs with the business expertise, capital investments, and innovative tools and services required to grow faster, dream bigger, and reach farther. Their success in turn provides hope and opportunity for thousands who would otherwise remain stuck in the downward cycle of devastating poverty. The Unitus portfolio currently reaches millions of families through our partner MFIs in Argentina, Brazil, India, Indonesia, Kenya, Mexico, and the Philippines. We are now laying the groundwork to expand partnerships into the high-need regions of Southeast Asia, China, and Africa.
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