PlaNet Finance becomes POSITIVE PLANET

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Dear partners,

I would like to thank you for your participation at our recent mid-term conference on cooperative formation in Nay Pyi Taw. We have received quite a bit of positive feedback from the participants, and I would like to thank you for helping to make that possible.

As announced during the conference, the NGO PlaNet Finance has changed its name to Positive Planet.

When PlaNet Finance was founded in 1998, its mandate was to fight poverty through the development of microfinance. Over the last 20 years, financial inclusion has evolved considerably. From a series of small initiatives, it has become a large-scale movement offering both financial and non-financial services, improving the lives of hundreds of millions of people.

Today, the challenge facing us is not so much in pursuing development for the sake of development, but to ensure its quality and long-term orientation. It must be fair, promote a healthy environment, make water and abundant sustainable energy readily available, ensure access to education and health for everyone, and procure housing for all.

When development achieves these objectives, it allows everyone, and particularly the poorest, to fulfil their potential for the benefit of future generations, which is the very definition of the positive economy.

In order to reflect the broader movement toward a “positive economy”, PlaNet Finance adopted the new name “Positive Planet”.

Positive Planet’s mission is to help men and women across the world create the conditions for a better life for future generations.

Our work in Myanmar, which seeks both to expand financial inclusion and contribute to a transformative change in the lives of our beneficiaries through farm and enterprise development, reflects the broader goals of Positive Planet. As such, the change in the organization’s name will not have any impact on the project’s goals, its implementation methodology, or its partnerships.

We look forward to continuing to work with you until the end of our project next February.

RON BEVACQUA, Project Director

 

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