The Philosophy: In a time of staggering wealth inequality,
when 1% of the population owns 50% of the planet’s riches and resources;
creating opportunity becomes the true purpose of philanthropy.
Sustainable incomes begin with access to basic financial services.
This simple idea underlies the principle that has driven the micro-finance focus of the GBG Fund since it first began a microloan initiative in 2014.
Building businesses, investing in sole trader enterprises and supporting people without access to traditional financial services, is at the heart of the philanthropic focus of the GBG Fund.
We believe that micro-insurance services provide the best mechanism for people to manage their own financial destinies and create the security they need.
That’s why the GBG Fund is a partnering supporter and donor to the UN International Labour Organization and ILO Insurance Capacity Building Program.
million microloan borrowers worldwide
billion microloan credit portfolio
billion people still have no access to financial institutions
Convergence Micro Finance Barometer.