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Proceeds go to the Opportunity Finance Network, a nonprofit organization that supports hundreds of Community Development Financial Institutions, local organizations that lend money at low interest rates to small business owners in under-served areas.
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Opportunity Finance Network, the leading non-profit national network of community development financial institutions (CDFIs) who deliver responsible lending to help low-wealth and low-income communities join the economic mainstream, has joined a initiative with Starbucks to create and sustain American jobs.
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Tarrin is accused of engineering the Finance Ministry's takeover of Krung Thai Bank from the Financial Institutions Development Fund in the wake of last year's leak of a PricewaterhouseCoopers audit report that exposed allegedly poor lending practices at the bank.
CNN: Taking the Heat
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These GIIRS Pioneer Investors are a diverse group of global private equity investors and credit providers, including mainstream global financial institutions, foundations, family offices, leaders in social finance, and a multilateral development bank.
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