Moody's Selects Partners for Reshape Tomorrow™
As part of Reshape Tomorrow™, Moody’s has selected a network of six partner organizations and programs, supported by grants from Moody’s Foundation, that focus on empowering entrepreneurs – especially women and members of untapped communities – by helping to provide the expertise and tools needed to navigate the credit process and thrive. Over 50 organizations from around the world applied to participate in the program, which is a key part of Moody’s global Corporate Social Responsibility (CSR) initiative.
“Moody’s is proud to partner with these innovative organizations as the core of Reshape Tomorrow. Together, we aim to empower owners of small and growing businesses with the knowledge, resources and confidence they need to create a better future,” said Arlene Isaacs-Lowe, Global Head of CSR at Moody’s. “We believe these programs can make a real impact on the lives of entrepreneurs seeking to build a more prosperous future for themselves and their communities.”
The following organizations and programs were selected for Reshape Tomorrow:
With support from Moody’s, Acumen will deliver “Acumen Post,” a global program of strategic and operational assistance for small business owners including coaching, finance, sales and technology support.
The Asia Foundation
Moody’s will support “Accelerate Women’s Entrepreneurship: Supporting Migrant Women-Owned Businesses,” a Shanghai-based program helping migrant women grow their businesses through a tailored training program of coaching and networking.
Moody’s support will enable the “Loan Readiness and Impact Funding Initiative,” a global program to improve social entrepreneurs’ ability to access credit while cultivating a community of early stage lenders committed to social impact.
Moody’s will support the “Smart Duka Initiative” in Kenya, helping a thousand retail shop owners to grow their businesses through training and coaching on sales, inventory management and technology, and “Working Capital Financing for Box Shop Entrepreneurs,” in South Africa, which will provide input finance to youth and women retail entrepreneurs within the Box Shop program.
With Moody’s support, WEConnect International will launch the “Global Training Program for Women Entrepreneurs and Financial Institutions,” in Canada, Germany and Nigeria.
Through Moody’s partnership, Village Capital will deliver the “FinTech Incubator Program,” in Argentina, Brazil and Mexico City, a capacity building program to give entrepreneurs the tools to grow successful businesses, such as team management and financial planning.
Reshape Tomorrow is part of Moody’s efforts to open the door to a better future, through its recently launched global CSR program. The program focuses on four core areas: empowering people with financial knowledge, activating an environmentally sustainable future, helping young people reach their potential, and sharing our passion and purpose with the world.