New Partnership With Indonesian Microfinance Institution MBK Ventura

January 23, 2007 Posted by Press Release, Unitus Labs

Unitus Partners with MBK Ventura to Expand Access to Microfinance in Indonesia

Partnership to Bring Life-changing Loans to a Quarter Million Microentrepreneurs by 2009

Redmond, WA—January 23, 2007—Unitus, Inc., a nonprofit organization dedicated to reducing global poverty by increasing access to microfinance, today announced its partnership with MBK Ventura (formerly known as Ganesha), a microfinance institution in Indonesia. By providing financial support and expert consulting, Unitus will play a key role in accelerating MBK’s growth. Within two years, MBK Ventura aims to increase its capacity tenfold in order to provide more than 240,000 Indonesian microentrepreneurs and their families with life-changing loans and other important financial services.

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