Banking without Borders Receives Funding to Expand in Asia, Americas
Quaraishi, S.

Bankers without Borders, an initiative of Grameen Foundation to expand volunteerism in the microfinance and technology-for development sectors, has announced the availability of US$150,000 in seed capital to microfinance associations and other pro-poor organizations interested in helping bring Bankers without Borders volunteer services to Asia and the Americas.

Presented by J.P. Morgan, the Bankers without Borders Alliance Program aims to establish a global network of local organizations who can help to identify and scope volunteer projects that can benefit from the pro bono services of the more than 4,500 skilled business professionals from around the world willing to donate their time and expertise to help microfinance and technology organizations improve their scale, sustainability, and impact. This first round of competition will focus on identifying approximately 5-10 Alliance partners in Asia and the Americas. Future rounds of funding will focus on expanding the program in Africa and the Middle East.

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