JP Morgan and Grameen partnered in advancing financial literacy in the Philippines. Grameen will also employ Short Messaging Service (SMS) to send tips on financial coping mechanisms and healthy behaviors related to Covid-19 to loan officers and individual micro-entrepreneurs directly.
GRAMEEN Foundation announced the launch of Covid-19 Relief (Response to Enhance Livelihoods of Individual Entrepreneurs and Families) in the Philippines. Supported by JP Morgan, the program will provide immediate relief and longer-term recovery support to 3,500 women entrepreneurs running microenterprises.