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May 16, 2004Grameen Foundation USAGrameen Foundation USA Grameen Foundation USA works in partnership with the Grameen Bank, pioneer of small loans to the poor, to fight poverty all over the world. The Grameen Bank was started in Bangladesh in 1976 as an action-research project that attempted to provide tiny loans to very poor people to allow them to start "micro-businesses." Twenty-five years later, Grameen Bank has 2.4 million borrowers, 94% of whom are women, and has loaned more than $3.7 billion in amounts averaging less than $200. Grameen Foundation USA was established in 1997 to provide financing, technical assistance and technology support to the growing numbers of grassroots institutions that are successfully replicating Grameen Bank's success in countries as diverse as Malaysia, India, Uganda, Mexico and the United States. Some of the Projects of Grameen Foundation USA Grameen Bank Replication Program Grameen Technology Center People's Fund U.S. Grameen Replications PLAN Fund Project Enterprise Microcredit Programs Around the World Grameen Trust Funded Replication Programs WorldwidePeer-Lending Microcredit Programs in the United States Grameen Bank Comments
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