Daniel Zoltani has supported the Foundation’s mission since 2008, has lived in six countries around the world since then, and is now based in Austin, Texas. He leads Whole Planet Foundation’s team of Regional Directors based in the field around the globe, driving programmatic strategy.
Mar. 25 /CSRwire/ – I am not sure where in the world you are located, but your lifestyle has surely been impacted by what has been happening. Social distancing is the new normal, schools are closing, businesses are closing, and borders are closing. Never in my lifetime has a single threat engulfed the whole world at once. No doubt these are challenging and ever-changing times, and as our Executive Director points out, we are living history.
I want to share with you how microfinance is responding to this coronavirus, and its impact on the microentrepreneurs we support through our network of partners on the ground in communities around the globe.
Microfinance clients do not have the luxury of working from home. If their businesses stop, they do not have paid sick leave. As we know well, microcredit has the potential to provide opportunity by jumpstarting or fueling small business, but it does so much more for those living precarious and volatile lives. Access to capital, when provided in a responsible and client-centered way, smooths consumption, offers protection from economic shocks, encourages long-term planning rather than the stress of…