Category: Press Release

Grama Vidiyal Raises $4 million of Equity

June 16, 2009 Press Release

Grama Vidiyal raises over USD 4 million of equity capital, the first equity investment in India in 2009 Tamil Nadu, India-based microfinance institution successfully completes second round of equity infusion from MicroVest, Unitus Equity Fund I (UEFI) and Amar Foundation. Tamil Nadu, India June 16, 2009: Grama Vidiyal Microfinance Private Ltd (GVMFL) is pleased to… Read more >

Announcing NIS Sparta Partnership to Create Training Program

June 9, 2009 Press Release

Unitus and NIS Sparta Partner to Create Microfinance Management Training Program Unitus and NIS Sparta Partner to Create Breakthrough Management Training Program to Support Next Generation of Microfinance Leaders Seattle, WA and New Delhi, India, 9 June 2009 — Unitus, Inc., an international nonprofit organization dedicated to reducing global poverty by accelerating access to microfinance,… Read more >

Ganesh Rengaswamy Joins Unitus

June 4, 2009 Press Release

Ganesh Rengaswamy Joins Unitus as India Country Director Unitus Announces Ganesh Rengaswamy as India Country Director and Newest Member of Global Senior Management Team Seattle, WA and Bangalore, India, June 4, 2009 — Unitus, Inc., an international nonprofit dedicated to reducing global poverty by accelerating access to microfinance, is very pleased to welcome Ganesh Rengaswamy… Read more >

Unitus and Yehu Microfinance Trust Form Partnership

April 15, 2009 Press Release

Unitus Expands Presence in East Africa through New Partnership with Kenyan Microfinance Provider Yehu Microfinance Trust Third East Africa partnership demonstrates Unitus’s deepening commitment to increasing microfinance accessibility in the region Seattle, WA, April 15, 2009 — Unitus, Inc., an international nonprofit dedicated to reducing global poverty by accelerating access to microfinance, is pleased to… Read more >

Africa Microfinance Growth Centre Launch

April 14, 2009 Press Release

Unitus Announces Groundbreaking Leadership Development Program for CEOs of Early-Stage Microfinance Institutions in East Africa Innovative program will increase access to life-changing financial services for low-income families in rural Africa Seattle, WA, April 14, 2009 — Unitus, Inc., an international nonprofit dedicated to reducing global poverty by accelerating access to microfinance, is deepening its commitment… Read more >

Announcing Whole Planet Foundation Partnership

December 8, 2008 Press Release

Whole Planet Foundation™ and Unitus Join Forces to Accelerate Growth of Microfinance in Kenya Three-year Partnership Aims to Reduce Global Poverty by Increasing Access to Microfinance in Communities Where Whole Foods Market® Sources Products Seattle, WA and Austin, TX (December 4, 2008) — Unitus, Inc., an international nonprofit organization dedicated to reducing global poverty by… Read more >

New Partnership With Microfinance Institution Tujijenge

November 19, 2008 Press Release

Unitus to Accelerate Access to Microfinance in East Africa New Partnership with Tanzanian Microfinance Institution Tujijenge Part of Larger Strategy to Bring Growth and Innovation to the Fight against Poverty in Africa Seattle, WA, November 19, 2008 — Unitus, Inc. today announced plans to accelerate access to microfinance in East Africa. An international nonprofit organization… Read more >

Unitus Partners Now Serving Over 6 Million Clients

October 23, 2008 Press Release

Unitus Partners Cross 6-Million Mark Unitus congratulates our 22 microfinance partners for surpassing the 6-million client mark—nearly double the number served at the end of 2007! In a year marked by rising food and fuel prices—not to mention the global credit crunch—expanding access to microfinance for millions more families is an especially important accomplishment. Thanks… Read more >

Unitus Launches Financial Services Firm: Unitus Capital

July 24, 2008 Press Release

Unitus Launches Financial Services Firm to Channel Capital to Social Entrepreneurs in Emerging Markets Unitus Capital Receives $5.5 Million in Initial Round of Seed Funding Bangalore, India and Seattle, Washington, July 24, 2008 – Unitus, Inc., today announced the launch of Unitus Capital, one of the first financial advisory firms designed to meet the investment… Read more >

Unitus to Receive $9 Million Grant From Omidyar Network

April 23, 2008 Press Release

Omidyar Network and Unitus to Help Millions of the Working Poor Participate in the Global Economy $9 Million Grant is Omidyar’s Largest in Microfinance to Date San Francisco, CA and Seattle, WA, April 23, 2008 – Omidyar Network and Unitus are pleased to announce plans to dramatically expand the worldwide availability of financial services to… Read more >

Unitus Welcomes New Partners

April 15, 2008 Press Release

Unitus Welcomes Four New MFI Partners Unitus is pleased to welcome the addition of four new India-based microfinance institution (MFI) partners to the Unitus network. Ajiwika Society, Equitas (formerly UPDB), Mimo Finance, and Samhita bring a variety of market insight, business models, and core strengths to our network of 21 MFI partners around the world.… Read more >

Unitus Partners Now Reaching 3 Million Poor Families

February 20, 2008 Press Release

Unitus Partners Now Reaching 3 Million Poor Families Worldwide Unitus, a worldwide leader in scaling innovative solutions to global poverty, today announced that the number of clients reached through its global microfinance partner network has surpassed 3 million. This year-end 2007 figure is more than double the number of clients the network reached at the… Read more >