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2010-06-22 The MasterCard Foundation Names Hutham Olayan to its Board of Directors President and CEO of Olayan America brings financial knowledge and global perspective

Toronto, ON, - The MasterCard Foundation announced today the appointment of Hutham S. Olayan to its board of directors. Ms. Olayan brings considerable expertise in global finance and development as well as deep knowledge of the Middle East.


2010-06-07 MFTransparency Partners with The MasterCard Foundation to Promote a Fair and Transparent Microfinance Industry in Eight African Countries

MFTransparency today announced a partnership with The MasterCard Foundation to promote fair and transparent pricing in the microfinance industry in eight countries in Sub-Saharan Africa. The effort, known as the enabling APR & EIR Program, will launch in June.


2010-05-06 Consortium to Conduct Landmark Study on Youth Savings as a Development Tool $12.5 million from The MasterCard Foundation will advance knowledge and benefit 170,000 youth in developing countries

The MasterCard Foundation today announced a partnership with a consortium of four organizations to conduct a landmark, global research initiative that will test how to sustainably deliver savings services to low-income youth in the developing world.


2010-04-20 Partnership Stimulates Haiti’s Long‐Term Economic Recovery $4.5 million grant from The MasterCard Foundation will rebuild the country’s largest microfinance institution and enable its clients to participate in the local economy

Fonkoze today announced a partnership with The MasterCard Foundation and Mennonite Economic Development Associates (MEDA) to spur economic recovery in Haiti.


2010-03-25 Grameen Foundation Expanding Technology for Microfinance Initiative Working with support from The MasterCard and Cisco Foundations Will Focus on Institutions Serving Up to One Million Clients

Washington, DC - Grameen Foundation today announced it is expanding its technology for microfinance initiative to provide enhanced support to high-growth, mid-size microfinance institutions (MFIs) serving up to one million clients.


2010-03-22 Plan Canada and The MasterCard Foundation expand youth microfinance project in West Africa $4.1 million program to support savings and loans associations for young people in Niger, Sierra Leone and Senegal

Toronto, ON - A new partnership between Plan Canada and The MasterCard Foundation will economically empower 70,000 young people in West Africa by giving them access to savings and loans services as well as financial literacy and life skills training.


2010-02-23 Gates and MasterCard Foundations Partner with Opportunity International to Provide Financial Access to 1.4 Million of the Rural Poor in Africa $16 million program focuses on smallholder farmers

Oak Brook, IL - Opportunity International has announced a $16 million program co-funded by the Bill & Melinda Gates Foundation and The MasterCard Foundation to provide access to savings accounts and agricultural loans in rural areas of sub-Saharan Africa, where less than 10 percent of people have access to comprehensive financial services.


2010-02-08 MasterCard Foundation and Equity Group Foundation Launch Comprehensive Scholarship Program for Financially Disadvantaged Kenyan Students $4.6 million partnership will benefit 676 secondary school students

Nairobi, Kenya - The MasterCard Foundation and the Equity Group Foundation (EGF) today launched a program that will provide $4.6 million in comprehensive educational support to 676 secondary students in Kenya over the next five years

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