Unitus, Inc. is a nonprofit organization creating innovative solutions to global poverty using a venture capital model. Unitus dramatically accelerates the growth of microfinance institutions (MFIs) and demonstrates that many MFIs can be run as profitable, large-scale, poverty-focused businesses with links to formal capital markets. As of June 2006, Unitus had 10 MFI partners worldwide serving more than 718,000 poor clients. By 2015 Unitus MFI partners plan to reach 10 million clients in India alone. Based in Redmond, WA, USA and with offices in Bangalore, India, Unitus relies on innovative financial instruments and the resources of like-minded individuals and foundations to fulfill its mission. Unitus received the 2006 Fast Company Social Capitalist Award for taking an innovative, business-minded approach to alleviating global poverty. For more information about Unitus, please visit: www.unitus.com.

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Name:
Katie Gruver
Joined:
October 2005
Hometown:
Redmond
Currently:
Redmond, USA
Occupation:
Microfinance
Website:
Unitus -- Global Microfinance Accelerator