Master Card Foundation - Its Role In Kenyan Education And Scholarships

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The MasterCard Foundation is a global, private foundation based in Toronto, Canada with over $5 billion in assets. The foundation advance microfinance and youth learning to promote financial inclusion and prosperity in developing countries.

The foundation has a particular focus on Africa where they believe there is the greatest opportunity for impact. Programs supported by the Foundation aim to expand access to learning, employment, entrepreneurship and financial services in a region where 63 percent of the population lives on less than $2 a day.  

Program Areas:

 

• Microfinance
• Youth Learning

People living in poverty require access to different services and opportunities to improve their lives. In particular, access to a range of basic financial services such as savings, loans, insurance, and money payments can help them to run their businesses, build assets, educate their children, and manage risks.

 

Equipping young people with knowledge and skills – through formal or non-formal education – enables them to improve their employment prospects and contribute to their communities. We believe that a combination of skill building, education, employment, and access to financial services can help people – particularly young people – living in the poorest parts of the world create pathways out of poverty. 

 

Based in Toronto, Canada, The MasterCard Foundation was established through the generosity of MasterCard Worldwide at the time of the company’s initial public offering in 2006. The Foundation operates independently of MasterCard Worldwide. Foundation policies, operations and programming decisions are determined by their Board of Directors together with their President and CEO.

 CONTACT DETAILS.

The MasterCard Foundation
2 St. Clair Avenue East
Suite 301
Toronto, Ontario
Canada M4T 2T5     info@mastercardfdn.org       Website:    www.mastercardfdn.org.