CRECER recognized as Truelift Leader
I have written about Truelift, a learning and recognition initiative that Anne Hastings of Fonkoze has served with me on the governing body of. Here is excited news about Truelift’s recognition of a leading microfinance institution in Bolivia that shares many characteristics with Fonkoze.
We are excited to announce that Crédito con Educación Rural, or, CRECER, is the first Latin American organization to achieve the Leader milestone for its adherence to the Truelift Pro-Poor Principles. In the areas of, “purposeful outreach to people living in poverty” and “tracking progress of people living in poverty” this organization has reached the highest possible standards of success in accordance with our principles.
CRECER is a microfinance organization based in Bolivia whose mission is to, “offer, with excellence and warmth, financial products along with development services in order to improve quality of life, preferentially of women and their families.” Bolivia ranks 108th on the Human Development Index, measured by average educational attainment, income, and life expectancy; this ranking demonstrates a clear need for pro-poor services.
This rapidly expanding organization, created in 1999, is inspiring hope in the lives of the impoverished, ambitiously reaching all 9 departments in…
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