SOURCE: MetLife Inc.
Since 2013, MetLife Foundation has focused its resources and expertise on advancing financial inclusion, with the majority of grants and program-related investments targeting this area. Remaining grants are directed toward improving the health and resiliency of the communities where MetLife operates.
Through 2017, the Foundation has provided grantees with $170 million to promote financial inclusion and remains on track to fulfill its $200 million commitment in 2018. By partnering with organizations that provide high-quality financial products, services and support, MetLife Foundation has reached more than 6 million low-income individuals in 42 countries. MetLife employees extend the impact of MetLife Foundation by using their talents to support financial inclusion and community improvement efforts as volunteers around the world.
Advancing financial inclusion and health through innovation
Entrepreneurs are sometimes the best catalysts to spark change in their communities. MetLife Foundation partners with Verb (a social innovation platform) to run Inclusion Plus, a multi-country competition series to support entrepreneurs, nonprofits and companies that advance financial inclusion for unbanked and underserved people. The competition provides a platform for the most promising social ventures to scale through support from MetLife volunteer mentors and seed funding from MetLife Foundation.
The threeyear program aims to provide nearly $1 million in grants by the end of 2018 to ventures focused on financial inclusion. Initially launched in China, India and Ireland in 2016, MetLife expanded the program to Bangladesh, Egypt, Lebanon and Mexico in 2017. In 2018, its final year, Inclusion Plus will move to Australia, Portugal, South Korea, Spain and the United States. Learn more at www.inclusionplus.com.
To view either the Overview or the full report, and to learn more about MetLife’s corporate responsibility activities, please visit www.MetLifeGlobalImpact.com.
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