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Citi Foundation Creates $11.2m Program with SEEP Network to Strengthen Trade Associations
The Citi Foundation will work with the Small Enterprise Education and Promotion Network (SEEP) to create the 3-year USD 11.2 million Citi Network Strengthening Program. The program will include 12 major microfinance trade associations and their members. The program’s goal will be to improve the integration of microfinance into the mainstream economies of developing countries. This includes improving participating trade associations’ ability to develop products and services which meet their clients’ needs. In addition, the program seeks to “enhance the industry’s infrastructure, introduce higher standards of management and governance, and promote the vital role of microfinance in providing the poor with access to financial services.”

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