Sustainable Finance & Socially Responsible Investment | Fifth Third Bancorp
Fifth Third Community Development Corp. is investing an additional $2.5 million in First Independence Bank. The move makes Fifth Third the largest investor in the minority depository institution and community development financial institution.
Thanks to our microfinance partners around the globe who are working diligently daily to serve the world's poorest people, the average first microloan size we fund decreased over several fiscal quarters from $187 to $184 then $182 to now $180. What does this signify? That our partners continue to serve the unserved and that Whole Planet Foundation funds have created 15 million opportunities for low-income entrepreneurs to lift themselves and their family members out of poverty.