The Dignity Fund was formed to bring needed capital to the microfinance industry to fuel the social empowerment of the poor. The provision of “micro” loans and financial services to the entrepreneurial poor to start income-generating small businesses is one of the most significant anti-poverty tools at work in the world today. Yet only 20% of the world’s poorest households have access to financial services and the growth of microfinance institutions has outpaced traditional funding sources.

The Dignity Fund aims to increase the number of poor households with access to credit, savings and other financial services by providing debt financing to promising microfinance institutions. The Dignity Fund believes that additional funding will enable microfinance institutions that are seeking capital for growth to reach more poor clients, allowing more entrepreneurs to lift themselves out of poverty with dignity.

IN THE NEWS

In May 2007, Unitus, Inc., arranged a $1.2 million loan for MBK Ventura, a Unitus microfinance partner in Indonesia, structured in Indonesian rupiah. Two leading microfinance funds, The Dignity Fund, L.P. and MicroCredit Enterprises, each contributed $600,000, to fund MBK’s rapid growth.

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