About |
Bottom Billion Fund is a new nonprofit that economically empowers the extremely poor at the bottom of the pyramid through proven microfinance solutions.
Our Mission is:
1. To invest in sustainable, scalable and replicable market-based microfinance solutions that effectively include those living in extreme poverty on less than $1.25 a day: the Bottom Billion
2. To provide financial incentives to MFIs to include Bottom Billion people and document measurable client progress
3. To build awareness and advocacy for best-of-class microfinance solutions that can effectively help the Bottom Billion leverage their own skills and leave extreme poverty
Our Vision is a world free of extreme poverty where everyone has access to client appropriate high-quality financial services that help them improve their lives.
The Bottom Billion Fund is a 501(c)3 non-profit organization incorporated in 2009 by Thomas Coleman, a financial economist with deep financial market expertise, with the help of 3 business minded colleagues. Tom spent the first half of his career as Vice President of Research and Product Development at the Chicago Board of Trade, and the last decade and a half of his career consulting to microfinance institutions around the world, helping bring the best of finance to the poorest microfinance clients.