About the mcwg
The Microfinance CEO Working Group is a collaborative effort by leaders from ten international organizations that promote microfinance around the world: Accion, Aga Khan Agency for Microfinance, BRAC, CARE, FINCA International, Grameen Foundation, Opportunity International, Pro Mujer, VisionFund International and Women’s World Banking.
In early 2011, an informal group of industry leaders began to meet to discuss the state of the microfinance sector as it matures and encounters new challenges. Participants quickly discovered a shared perspective on the future of the microfinance industry – one rooted in high standards, client orientation, and collective action.
The Microfinance CEO Working Group seeks to work together to support the positive development of its member organizations and the microfinance industry at large. Its members will advocate in favor of responsible microfinance practices and commit to upholding their organizations to the highest standards.
By The Numbers
Voices From the Field
With help from a series of loans from FINCA, Julia Maria Ixchop Us De Ventura grew her street-based food business into a thriving restaurant inside a Guatemalan market. The income from the business has helped her and her husband pay their children’s school fees, renovate their home, and support their aging parents.
BRAC client Ruth Monger is a group leader of her village organization, a women’s group based in Jacobtown, Liberia — an area that was hit hard by the Ebola crisis of 2014. Ruth was a key source of support for her group during and after the crisis, even helping other members to make payments when they were unable to do so.
Thanks to her loan from DAWN, an Accion partner in Myanmar, tea shop owner Daw Thein Thein Win no longer needs to rely on high-interest moneylenders for financing. Instead, she can now buy milk and other supplies from the wholesale market and still have enough money left over to set something aside for her children’s education.
Latest Blog Posts
The Microfinance CEO Working Group (MCWG) welcomes a new member to their international collaboration, Jesse Fripp, General Manager of the Aga Khan Agency for Microfinance (AKAM). AKAM reaches nearly one million low-income households and small business borrowers and savers across 10 countries in the Middle East, Africa, and South Asia, lending over $300 million per […]
The following announcement was originally published on the Grameen Foundation website. Grameen Foundation and Freedom from Hunger are founding members of the Microfinance CEO Working Group. By Steve Hollingworth and Kathleen Stack Grameen Foundation and Freedom from Hunger are proud to announce that we have joined forces to form a single unified organization. Under the banner of Grameen […]
By Sharlene Brown, Executive Director, Microfinance CEO Working Group It’s been just over ten weeks since I took the helm as executive director of the Microfinance CEO Working Group (MCWG) and there’s been a lot to learn about this coalition of CEOs promoting responsible practices in the microfinance industry. What strikes me most is that […]