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"
“Microinsurance comes from the heart, but it is a business and not a charity.”
"
-
Alvaro Uribe
President of Colombia
The Microinsurance Innovation Facility, a partnership between the International Labour Organization (ILO) and the Bill & Melinda Gates Foundation, will help promote decent work for millions of low-income people in developing countries. Over the next five years, the Facility will issue 40 to 50
innovation grants
for a total of US$18 million.
An extensive
glossary
provides definitions of important MicroInsurance terms.
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