Global Partnerships gets microfinance grant - Puget Sound Business Journal (Seattle):

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The organization received the three-year grant from the in Wash. The grant will primarily be used to hire a director ofinvestment operations. More it will allow the nonprofift to better manage its threee investment funds and improve its management and tracking of fund Since 2006, Global Partnership’s funds underr management have increased from $2.5 milliob to . Some of the nonprofit’s existing loan fund investorszinclude .
A Global Partnerships spokeswoman says the microlende is currently raising capital for its fourtyhloan fund, which is targetefd to be between $15 million and $25 Global Partnerships lends money to microfinance institutions in Latij American countries, which in turn make smalpl loans to borrowers, typically women. This Global Partnerships will expandinto Mexico, its eighth country.