Organizations Filed Purposes:
TO GENERATE ECONOMIC OPPORTUNITIES FOR WOMEN AND FAMILIES IN UNDERSERVED COMMUNITIES THROUGHOUT THE DEVELOPING WORLD.
MCE SOCIAL CAPITAL LEVERAGES PRIVATE CAPITAL LOANS AND LOAN GUARANTEES TO FINANCE MICROFINANCE INSTITUTIONS AND SMALL AND GROWING BUSINESSES IN UNDERSERVED COMMUNITIES THROUGHOUT THE DEVELOPING WORLD.
DURING 2019, MCE SOCIAL CAPITAL ISSUED $25.4 MILLION IN NEW LOANS TO 32 MICROFINANCE INSTITUTIONS (MFI) AND SMALL AND GROWING BUSINESSES (SGB). AT THE END OF 2019, MCE'S TOTAL OUTSTANDING PORTFOLIO OF LOANS WAS $62.9 MILLION HELD BY 62 MFIS AND SGBS. THIS CAPITAL WILL BE USED TO SUPPORT THE DEVELOPMENT OF BUSINESSES OF POOR ENTREPRENEURS IN 35 COUNTRIES AROUND THE WORLD. SINCE DISBURSING ITS FIRST LOAN IN 2006, MCE HAS FINANCED LOANS FOR NEARLY 9 MILLION MICRO-BORROWERS IN 55 COUNTRIES. MCE FOCUSES ITS LENDING ACTIVITIES ON WOMEN BORROWERS LIVING IN RURAL AREAS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Pierre Berard | MANAGING DIRECTOR & CIO | 40 | $148,005 |
| Wendy Turman | MANAGING DIRECTOR & CFO | 40 | $137,703 |
| Catherine Covington | MANAGING DIRECTOR & CHIEF BUS DEV | 40 | $123,582 |
| Robert Taylor | GENERAL COUNSEL | 6.2 | $0 |
| William Way | BOARD MEMBER | 5.7 | $0 |
| Nancy Swanson | BOARD MEMBER | 0.9 | $0 |
| Justin Morales | BOARD MEMBER | 0.9 | $0 |
| Eric Mccallum | BOARD MEMBER | 4 | $0 |
| Cary Hart | BOARD MEMBER | 0.8 | $0 |
| Eva Haller | BOARD MEMBER | 0.4 | $0 |
| Laura Devere | BOARD MEMBER | 0.4 | $0 |
| Darlene Demichele | BOARD MEMBER | 0.8 | $0 |
| Jim Davidson | BOARD MEMBER | 2.3 | $0 |
| Armeane Choksi | BOARD MEMBER | 0.8 | $0 |
| Dan Brunner | BOARD MEMBER | 4.1 | $0 |
| John Ayliffe | BOARD MEMBER | 3.9 | $0 |
| Karen Ansara | BOARD MEMBER | 0.8 | $0 |
| Kevin Carnahan | BOARD MEMBER, TREASURER | 6.2 | $0 |
| Gary Ford | PRESIDENT & CEO | 35 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202003189349304835_public.xml