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Posts Tagged ‘Grants’

We are on a weekly basis being told that MYC4 must be the single most suitable purpose for receiving soft funds to support the development of the platform… nice! Soft funds (often in form of a grant) should be used to supplement the Cash Outlays (red bars) until break-even (when the light blue line crosses [...]

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Titus, our Credit Operations Manager, is in the process of carrying out spot checks on all of our partners in East Africa. He has been supported by Githa in Ghana.  We expect all the spot checks to be completed by the end of the year. The purpose of the spot checks is to validate that [...]

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Let me start out by quoting Amy Klement, Vice President at Omidyar Network (ON) elaborating on their blended use of ‘grants’ and ‘impact investments’. “We think that both are absolutely needed. Grant-based philanthropy has had tremendous positive impact by overcoming market-based failures that aren’t addressed by government. Grants can also help spur the creation of [...]

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